grace2245 grace2245
  • 20-02-2017
  • Mathematics
contestada

Given an exponential function for compounding interest, A(x) = P(1.01)x, what is the rate of change?
A. 0.01%
B. 1%
C. 1.01%
D. 10%

Respuesta :

cat2211 cat2211
  • 02-03-2017
The answer to this question is B. 1%
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abras abras
  • 14-07-2018

the answer is 1%.

just took a test online and this was a question on it.

hope this helps :D

Answer Link

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