Back to Recognize constant percent rate situations — Problem 1 · Task Set 53
HSF.LE.A.1.c Tutor Intake — Constant Percent Rate and Exponential Models
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Grade 9·12 problems·~14 min·Common Core Math - HS Functions·standard·hsf-le-a-1c
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1.
A savings account grows by 7% per year. What is the growth factor?
Enter your answer as a decimal (for example, enter 1.05 for a 5% growth factor).