Show how the values are entered into your functions and also calculate the amounts of each of the following My cable television bill increased about 8 last year What average monthly growth rate is implied EXAMPLE A 2 growth rate for the year would require 1 02 (1 r) 12 Solve this for r r 00165 or 165 per month on average My cable television bill increased about 8 last year What average monthly growth rate is implied EXAMPLE A 2 growth rate for the year would require 1 02 (1 r) 12 Solve this for r r 00165 or 165 per month on average Show work

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Question: Show how the values are entered into your functions and also calculate the amounts of each of the following: My cable television bill increased about

Show how the values are entered into your functions and also calculate the amounts of each of the following:

My cable television bill increased about 8% last year.What average monthly growth rate is implied?EXAMPLE: A 2% growth rate for the year would require 1.02 = (1 + r)¹².Solve this for r:; r = .00165 or .165% per month on average.My cable television bill increased about 8% last year.What average monthly growth rate is implied?EXAMPLE: A 2% growth rate for the year would require 1.02 = (1 + r)¹².Solve this for r:; r = .00165 or .165% per month on average. Show work.

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