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  2. Topic
    Mathematics
  3. Study Set
    Intermediate Algebra Level 1
  4. Exam
    Exam 9: Exponential and Logarithmic Functions
  5. Question
    What Is the Formula for Exponential Growth/decay
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What Is the Formula for Exponential Growth/decay

Question 137

Question 137

Essay

What is the formula for exponential growth/decay?
(Let P be a quantity that increases or decreases at annual rate r , compounded continuously, and A the amount after t years.)

Correct Answer:

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