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Mathematics, 27.10.2020 18:50 tfraz4412

The average profit a local store owner earns on a given day is $400 and is growing exponentially at a rate of 64% per year. Write a function to represent profit after t years, where the monthly rate of change can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage rate of change per month, to the nearest hundredth of a percent.


The average profit a local store owner earns on a given day is $400 and is growing exponentially at

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