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For each nominal exponential growth/decay described below, find the effective annual growth rate and express it as a percentage rounded to one decimal place. A
For each nominal exponential growth/decay described below, find the effective annual growth rate and express it as a percentage rounded to one decimal place. A quantity's size after t years is given by A(t)=(1.07)t. Its effective growth rate is % per year. A quantity shrinks at a continuous rate of 47% per year. Its effective growth rate is % per year. A quantity grows at a rate of 14,5% compounded monthly. Ifs effective growth rate is % per year. A quantity has a half-life of 12 years. Its effective annual growth rate is % per year. A quantity has a tripling time of 17 years. Its effective annual growth rate is % per year
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