Answer:
Growth
Rate of growth is 77%
Initial amount is 22
Step-by-step explanation:
Generally, the exponential equation can be written as;
F(x) = I(1 + r)^n
where I is the initial value, r is the rate is percentage
From the question, we can see that the initial value is 22
Kindly recall that we can write 1.77 as 1+ 0.77
Now 0.77 is same as 77/100 which simply imply77%
Thus, we have 77% as the rate
