The number of hits on a popular Web Site grows by 23% per week. Give the growth factor. Assume time is measured in week.
Follow Math Help Forum on Facebook and Google+
growth by 23% translates to a growth factor of 1.23
To the OP: do they want CAGR (compound annual growth rate)? If yes, that would be ((1.23)^52-1)*100%.
Last edited by hwhelper; September 17th 2008 at 04:17 PM. Reason: Trying out [math] notation (need to refresh on LaTeX)
View Tag Cloud