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9 February, 22:41

Megan invests $1,500 in a certificate of deposit. Each year the certificate of deposit earns 1.3% interest. Does this situation describe exponential growth or exponential decay? Explain your answer.

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  1. 10 February, 00:57
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    growth

    Step-by-step explanation:

    Since the value each year is more than that of the previous year, the situation can be described as * growth*.
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