suppose 1.18 is the 1/2 unit growth factor. a.) what is the 1-unit growth factor

Question

suppose 1.18 is the 1/2 unit growth factor.

a.) what is the 1-unit growth factor ?

b.)what is the 7-unit growth factor?

c.) what is the 1/9-unit growth factor?

d.) what is the 1/13-unit growth factor?

e.) what is the 1/3-unit growth factor ?

2017 Assessment ent/showt pl Suppose 1.18 is the 12-unit growth factor. a. What is the 1- unit growth factor? 2 Preview 2. 2. b. What is the 7-unit growth factor? Preview c, What is the 19 unit growth factor? Preview d. What is the 113-unit growth factor? Preview e. What is the 13-unit growth factor? Preview Points possible: 1 unlimited attempts. on last arrenipt. 0 Score in gradebook core ost thas question to forum

Explanation / Answer

An increase in r% of a given amount P is equivalent to multiplying the number P by (1 + r/100)

this number is the growth factor.

Let p be the growth factor.

then, it is given that: p1/2 = 1.18

therefore, 1 unit growth factor = p = (1.18)2 = 1.3924

b] 7 unit growth factor => p7 = (1.3924)7 = 10.147

c] 1/9 unit growth factor => p1/9 = (1.3924)1/9 = 1.037

d] p1/13 = 1.026

e] p1/3 = 1.116.

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