the _________ determines the growth rate of the exponential function.
thanks!
you are welcome
wow!
Provide the answer choices if you want a better answer to this question.
In the exponential function \(\Large y = a(1+r)^x\), 'r' is called the growth rate.
@aum yea you are right
So if you are asked for the growth rate of \(\Large y = 2(1.05)^x \), write it as: \(\Large y = 2(1 + 0.05)^x \) and the growth rate is 0.05 or 5%.
but it could be (y(t) = a × e^kt)k is the rate
:P
Hence my earlier comment. If the answer choices or the proper context for this question is provided we can give a better answer.
why did you call it better ?
better in the sense of "more appropriate". The question needs clarification. If the answer choices are provided or the question is elaborated further a more appropriate answer can be provided.
I got it
i wasn't given any choices but the correct answer is base. Thanks though
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