Question

Find the annual percent increase or decrease that y=0.35(2.3)^x models.

Answer 1

130% annual increase

Answer 2

do you think you can show me how you did that?

Answer 3

yes

Answer 4

thank you

Answer 5

to increase something by 30% multiply by 1.3
so you would have
\[(1.3)^x\] if you keep increasing by 30% a year

Answer 6

you have in this case
\[(2.3)^x\]
to increase something by 130% you would multiply it by
\[2.3\]

Answer 7

so basically i subtracted one from 2.3 and got 1.3, which gives 130% increase