Question

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Answer 1

Growth

3.8%

Explanation:

Look at the number raised to a power.

In this case it is 1.038

If the number raised to a power is greater than 1, it is growth.

If that number is less than 1 it is decay.

Here, it is growth since 1.038 > 1.

Also, 1.038 = 1 + 0.038 = 1 + 3.8%

The rate of growth is 3.8%.