Give the starting value a, the growth factor b, and the growth rate r if Q = abt = a(1 + r)t . Write r as a percent. Q=34.3(0.788)t
a.
a = 29.94
b = 0.788
r = 78.8%
c.
a = 34.3
b = 0.788
r = 21.2%
b.
a = 29.94
b = 0.212
r = 78.8%
d.
a = 34.3
b = 0.212
r = 11.2%
Since b is a growth factor and to get it is that you need to add the growth rate plus 1. To get the growth rate, you need to get the difference of the growth factor and 1.
1 - 0.788 = 0.212 x 100
21.2%
So the correct answer is letter c which is a= 34.3 b= 0.788 r = 21.2%
