Another company's sales increase by the same percent each year. This growth is...
A) quadratic
B) linear
C) power
D) exponential
E) logarithmic

Name: Another company's sales increase by the same percent each year. This growth is... A) quadratic B) linear C) power D) exponential E) logarithmic
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Question

Quizplus · Accepted Answer

When a company's sales increase by the same percent each year, it is a case of exponential growth. This is because the increase in sales is compounded each year.

Another Company's Sales Increase by the Same Percent Each Year