Determine the growth factor corresponding to 1% increase

For an increase of percentage, it is a growth factor.

For a decrease of percentage, it is a decay factor.

The growth factor is = (1+r)

The decay factor is= (1-r)

As it is increase of 1%, it is a growth factor.

Here the rate of increase is 1% = 1/100 = 0.01

Hence the growth factor is 1 + 0.01 = 1.01

The growth factor corresponding to 1% increase is 1.01.

step-by-step explanation:

ok one would be money, and the other would be refreshments or something similar. if each bag of popcorn is 5.00 and each drink is half of that that means drinks are 2.50 the proper way to do that would to look and see how much of each you can buy without exceeding a limit of 30.00