SAT Nonlinear functions Question
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Question 1 · Easy · MathNovember 2024 Batch 1 · Q5Nonlinear functions · 0 solved
Each year, the value of an investment increases by 0.69% of its value the previous year. Which function type best models how the value changes over time?
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The trap here
SAT exponential growth and decay: the base is 1 + r, not r — A 3% annual increase is a base of 1.03, not 0.03. Getting the base wrong is the single most common error on SAT exponential-model questions.