Suppose Mark's salary grows by $2500 each year and Sarah's salary grows by 2.5% each year. Which one has a salary that grows exponentially?
A)Mark
B)Sarah
C)Both
D)Neither

Question

Quizplus · Accepted Answer

Exponential growth means that the amount is being multiplied by a constant factor each year. Mark's salary is growing by a fixed amount each year, which is not exponential. Sarah's salary is growing by a percentage each year, which is exponential growth. Therefore, option B is the correct answer.

Suppose Mark's Salary Grows by $2500 Each Year and Sarah's