Answer:
[tex]r=0.75 = 75[/tex]%
Step-by-step explanation:
Equation of General exponential growth function is
[tex]f(x)=a(1+r)^{x}[/tex] ------------ (1)
Where a is initial value x is time and r is growth rate
Given function can be written in following form
[tex]f(x)=2500(1+0.75)^{x}[/tex] ------------ (2)
After comparing (1) and (2) we can conclude that
[tex]r=0.75 = 75[/tex]%
