Question

If the average increase in an infection rate is an 8% annual increase 2001-2009 is the graph going to be exponential ?

Answer 1

Answer on Question #39192 – Math – Algebra

This graph is similar, but exponential function is just an approximation of the given function $x(1 + r)^t$.

Let $x = 1$, $r = 0.8$. We have a good approximation for small $t$, discrepancy is considerable for large $t$.