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Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease.
y=570(1.01)^x
y=570(1.01)
x

Respuesta :

Answer: 1

Step-by-step explanation:

Y=570(0.01)^x

Y=a(1+r)^x

Y=570(1+0.01)^x

R=0.01

1% increase

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