Answer:
3/4
Step-by-step explanation:
The "multiplicative rate of change" refers to the rate at which the function increases. The rate of exchange below is [tex]\frac{3}{4}[/tex] because if you multiply this to every value of y, the product is the next value of y.
- [tex]\frac{3}{2}[/tex] x [tex]\frac{3}{4}[/tex] = [tex]\frac{9}{8}[/tex]
- [tex]\frac{9}{8}[/tex] x [tex]\frac{3}{4}[/tex] = [tex]\frac{27}{32}[/tex]
- [tex]\frac{27}{32}[/tex] x [tex]\frac{3}{4}[/tex] = [tex]\frac{81}{128}[/tex]
If the function continues, the next value would be: [tex]\frac{243}{512}[/tex]
Such constant rate causes an "exponential growth."
