Question

Given an exponential function for compounding interest, A(x) = P(1.01)x, what is the rate of change?
0.01%
1%
1.01%
10%

Answer 1

Thank you for going over it with me v.v I was checking my work but I wanted to learn so I could be able to handle the dba @Vocaloid you're also nice v.v

Answer 2

And sorry for the confusion but I'd be lying if I said I understood math v.v

Answer 3

I believe since 1 + r = 1 + 0.01 then r = rate = 0.01 = 1%

Answer 4

That's what I had :P and thank you really v.v