SOLUTION: Suppose an exponential function f has a 5-unit growth factor of 1.71.
a.What is the 1-unit growth factor for f?
b. What is the 2-unit growth factor for f?
c. what is the
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Question 1124501: Suppose an exponential function f has a 5-unit growth factor of 1.71.
a.What is the 1-unit growth factor for f?
b. What is the 2-unit growth factor for f?
c. what is the 1/2 unit growth factor?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
(1+r)^5=1.71
take the 5th root
(1+r)=1.113 ANSWER
2 units: r=0.113 or 11.3%
1.113^2=1.239 ANSWER
(1/2) unit (1.113)^0.5=1.055 ANSWER
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