Question: For each nominal exponential growth / decay described below, find the effective annual growth rate and express it as a percentage rounded to one decimal
For each nominal exponential growthdecay described below, find the effective annual growth rate and express it as a percentage rounded to one decimal place.
A quantity's size after years is given by Its effective growth rate is per year.
A quantity shrinks at a continuous rate of per year. Its effective growth rate is per year.
A quantity grows at a rate of compounded monthly. Ifs effective growth rate is per year.
A quantity has a halflife of years. Its effective annual growth rate is per year.
A quantity has a tripling time of years. Its effective annual growth rate is per year.
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