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Mathematics 10 Online
OpenStudy (rainbow_dash):

How do you find multipliers of exponential growth of 15%? is it just 1.015?

ganeshie8 (ganeshie8):

yep ! it multiplies at a rate of : \(\huge (1+\frac{r}{100})\) so, if something is growing at a rate of 15%, then the multiplies is (1+15/100) = 1+.015 = 1.015

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