f(x) = 100(1.25)^x Is it true or false, the growth factor

DofotheroU

DofotheroU

Answered question

2021-08-15

f(x)=100(1.25)x
Is it true or false, the growth factor is 25%? If not, what is and what is 25%?

Answer & Explanation

oppturf

oppturf

Skilled2021-08-16Added 94 answers

Given:
f(x)=100(1.25)x
The formula:
f(x)=a(1+r)x
Where the growth factor is 1+r, and the growth rate is r. So, in the given, 25% is the growth rate (0.25), and the growth factor is 1+r=1+0.25=1.25.

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