What is the rate of growth?
y = 200(1.85)^4
A. 15%
B. 85%
C. 0.85%
D. 1.85%
The rate of growth can be determined by calculating the percentage increase from the original value to the final value.
In this case, the original value is 200 and the final value is 200(1.85)^4.
To find the percentage increase, we can subtract the original value from the final value and then divide by the original value:
Percentage increase = ((final value - original value) / original value) * 100%
Percentage increase = ((200(1.85)^4 - 200) / 200) * 100%
Calculating this expression will give us the rate of growth.