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A website's views were increasing exponentially at a rate of 11% per week.
What is the annual growth rate?
Enter your answer , rounded to the nearest tenth of a percent.

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nobillionaireNobley
Given that a website's views were increasing exponentially at a rate of 11% per week.

There are 52 weeks in a year.

The annual growth rate is given by

[tex]Annual\ growth\ rate=(1+0.11)^{52}-1 \\ \\ =(1.11)^{52}-1=227.4023-1=226.4023 \\ \\ \approx22640.2\%[/tex]

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