Questions: Assume a function increases by a constant percentage rate. This is a(n) exponential function. quadratic linear logarithmic
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Question Value: 1
Assume a function increases by a constant percentage rate. This is a(n)
exponential $\qquad$ function.
quadratic
linear
logarithmic
Solution
Solution Steps
To determine the type of function that increases by a constant percentage rate, we need to recognize that this describes exponential growth. An exponential function increases by a constant percentage rate, unlike linear, quadratic, or logarithmic functions.
Step 1: Identify the Type of Function
We need to determine the type of function that increases by a constant percentage rate. This type of growth is characteristic of an exponential function.
Final Answer
The function that increases by a constant percentage rate is an \(\text{exponential}\) function.