Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease. y=93(1.74)x

Answer :

r=0.74
74% increase

The unpaid balance on a mastercard charge was $1,056.23. during the month, payments of $300 and $250 were made and charges of $425 and $274.16 were added. if the finance charge is 1.2% per month on the unpaid balance, find the new balance at the end of the month. $1,205.39 $1,218.06 $918.06 $1,768.06