Is the equation A=3500(1.03)t
a model of exponential growth or exponential decay, and what is the rate
of change per time period?(1 point)
Responses
exponential growth and 0.03%
exponential growth and 0.03%
exponential growth and 3%
exponential growth and 3%
exponential decay and 0.03%
exponential decay and 0.03%
exponential decay and 3%
exponential decay and 3%
2 answers
exponential growth and 3%
How do know when the rate is 33% or if it's 0.03%
1 answer