Set 9: Exponential Functions

Choice B is correct. Choice B is the correct answer. Growth factor is $1+ r$. 1. Identify Rate: $r = 0.10$. 2. Calculate Factor: $b = 1 + 0.10 = 1.10$. Strategic Tip: Growth means $> 1$. Decay means $< 1$. Choice A is incorrect because it is the rate. Choice D is incorrect because it represents 10% decay.