Growth factor — Algebra I · Grade 9 or accelerated Grade 8, what it means and where it is taught
b itself. b > 1 means growth, 0 < b < 1 means decay.
Taught in Algebra I · Grade 9 or accelerated Grade 8.
Where it is taught
Practise this idea
2 questions in the course bank use Growth factor, in Exponential & Logarithmic Models.
Problem 1
A quantity grows 6% a year. What is the growth factor?
Worked answer
1.06
1+0.06=1.06
Problem 2
Write the growth factor for a quantity that triples each period.
Worked answer
3
b=3