Is the equation a=15000(1+0.14)t a model of of exponential growth or exponential decay, and what is the rate (percent) of change per time period ? Show work please I need to understand what your doing. I already know it is a exponential growth but I don't know how to get the rate percent of change per time period. Don't ask me questions because it will not let me reply to you all

Question

Is the equation a=15000(1+0.14)t  a model of of exponential growth or exponential decay, and what is the rate (percent) of change per time period ? Show work please I need to understand what your doing. I already know it is a exponential growth but I don't know how to get the rate percent of change per time period. Don't ask me questions because it will not let me reply to you all

anonymous · Answer

Ok sorry, I get it now.... Open Study has been REALLY fussy lately.

Since the total amount in the parenthesis is 1.14, the amount of growth is 14%. This is because the amount over 1 is .14 and this directly translates to 14%. 
Hope this helps (;