2. Exponential Growth and Decay
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What is the growth factor of the function that represents the number of sick people?
200 %, see solution.
Notice that this function is an exponential growth function since the growth factor is greater than 1. Therefore, we should be able to write it in the following form. y=a(1+ r)^t For our function, the term (1+ r) is equal to 3, so r= 2. 1+ r = 3 ⇔ r= 2 As a percent, the growth rate is equal to 200 %.