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Mathematics, 26.03.2020 21:49 453379

The city bike rental program is analyzing their growth in member rates. The number of regular members is growing by 4.7% per month. The number of VIP members is growing by 65% per year. Write a function to represent the number of regular members after t years. Then, write an equivalent function that represents the regular members with only 1 compounding per year. What is the effective yearly rate of growth of regular members

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