Question

An exponential growth equation is given to you. y=500 × 1.08x. What is the growth rate? How do you know?

Answer 1

y\[y=500*1.08^x\]

Answer 2

the growth rate is the number that is the base of the power x

Answer 3

what is the base number of x?

Answer 4

Whats that mean?

Answer 5

it didnt tell me thats all it asked is what i posted above

Answer 6

^_^

so,
we have y = (500)1.08^x
do you see how the "^x" is the power of the number 1.08?

Answer 7

still not making sense?