The Monthly Percentage Growth Rate for a Certain Exponential Function

question 14

Multiple Choice

The monthly percentage growth rate for a certain exponential function is 3%.By what percentage does the function grow in a year? Round your answer to two decimal places if necessary. ​

• A) 43.07%
• B) 42.58%
• C) 35.64%
• D) 36%

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Definitions:

Hypothesis

A hunch or prediction that certain variables are related in certain ways.

Incidence

The number of new cases of a disorder occurring in a population over a specific period of time.

Prevalence

The proportion of a particular population found to be affected by a medical condition, mental health disorder, or broader phenomenon at a specific time.

Causal Relationship

A connection between two variables where a change in one directly provokes a change in the other.