Exponents Question
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Grade 12 Exponents CCSS: HSA-SSE.B.3, HSA-SSE.B.3c
One way exponential growth can be expressed is a(1+r)t, where t represents time, r is the growth rate, and a is the initial amount (of the substance or population). If the exponential growth expression is given as 53 + 0.0303t, what is the approximate growth rate?
- 105%
- 0.05%
- 5%
- 125%