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27 November, 08:23

What is the formula for exponential growth and decay? Y=

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  1. 27 November, 10:04
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    Remember that the original exponential formula was y = abx. You will notice that in these new growth and decay functions, the b value (growth factor) has been replaced either by (1 + r) or by (1 - r). The growth "rate" (r) is determined as b = 1 + r.
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