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So this is basically what I told you NOT to do in the last question, you have to take the percent and add it to to every number
So how do you get the rate of change?
Is it 9?
Well the rate of change isn't constant in this case For example, for the first two months I would have to do 1.8% of 500+500=509 1.8% of 509 + 509=518.162 And so on, so forth
But you can make your life a whole lot easier if you write out the equation and substitute in for x I suggest looking at this website for how to write exponential equations http://www.regentsprep.org/regents/math/algebra/ae7/expdecayl.htm
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The relation is nonlinear. I'll use this website to explain why on my question. :) Thanks for the help.
Np :)
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