JazalynL223911 JazalynL223911
  • 03-11-2022
  • Mathematics
contestada

1 point The following expression represents monthly growth. What is the yearly rate of growth? (1.04)^m

Respuesta :

EyasC454152 EyasC454152
  • 03-11-2022

(1.04)^m

m= Months

One year has 12 months_

(1.04)^12 = 1.60

0.60 = yearly rate of growth

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