What is the " r " value in the following equation.
2.

In the equation , the “r” value, which corresponds to the base of the exponential component, is . This indicates that for each incremental increase in , will grow by a factor of . Since is greater than 1, it signifies exponential growth!

To put it in simpler terms, think of as the multiplier that tells you how much the function will increase each time you increase by 1. This means your function not only grows but does so at an ever-accelerating pace, making it an intriguing series to observe as it progresses!