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Mathematics 21 Online
OpenStudy (anonymous):

Given an exponential function for compounding interest, A(x) = P(.95)x, what is the rate of change? @ranga

OpenStudy (anonymous):

Because the part getting exponentiated is less than 1. The function will decrease as time passes. The rate of change is then 1-.95 or 5%

OpenStudy (anonymous):

-5% right @rm152

OpenStudy (anonymous):

Yes

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