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With new technologies and new types of successful business ventures, it is common for growth to be approximately exponential. An example is the growth in

With new technologies and new types of successful business ventures, it is common for growth to be approximately exponential. An example is the growth in the number of Internet domain hosts. One model is that the number of domain hosts grew according to the ruleNext year's number =1.41Current number.

Find the percentage increase each year.

Explain why the number of hosts is an exponential function of time.

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