What is the constant percentage growth rate of ? (A) 49%
Chapter 3, Problem 3.1.1.146(choose chapter or problem)
In Exercises 53–56, you may use a graphing calculator to solve the problem.
Multiple Choice What is the constant percentage growth rate of \(P(t)=1.23 \cdot 1.049^{t}\)?
(A) 49%
(B) 23%
(C) 4.9%
(D) 2.3%
(E) 1.23%
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