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Mathematics

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given an exponential function for compounding interest A(x)= P(.82)^x what is the rate of change

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Answer:

For the answer to the question above, it is -18% because to find rate we subtract the rate, in this case, is .82 or 82% - 1 or 100% and that would give you the rate, in this case, its decreasing by an 18%

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