### Home > INT3 > Chapter 5 > Lesson 5.1.1 > Problem 5-14

5-14.

If the cost of a movie ticket now averages $11.50, interpret the meaning of the expression 11.50(1.083)* ^{t}*. Homework Help ✎

11.50 is the cost of the ticket now. The multiplier is 1.083. Does this represent growth or decay? By what percent?