The cost of a first-class postage stamp in 1962 was 4 cents. In 1999 it is 33 cents. The cost was (and is) growing exponentially. What was the growth rate as a percentage?
The cost of a first-class postage stamp in 1962 was 4 cents. In 1999 it is 33 cents. The cost was (and is) growing exponentially. What was the growth rate as a percentage?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 7SGR
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The cost of a first-class postage stamp in 1962 was 4 cents. In 1999 it is 33 cents. The cost was (and is) growing exponentially. What was the growth rate as a percentage?
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