Using the Following Table of a Function That Models Exponential

question 35

Multiple Choice

Using the following table of a function that models exponential growth, determine the one-year growth factor (rounded to the nearest thousandth) .

• A) Not enough information
• B) 1.080
• C) 0.857
• D) 1.166
• E) 0.926

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Definitions:

Petty Cash

A small amount of cash on hand used for covering minor expenses.