Answer:
r = 1.14
Explanation:
The value of a product (A) over time with an increasing rate "i" can be calculated as follows:
A = C(1+i)^t
where:
C is the value of the product at time 0;
A is the value of the product at time t;
i is the increasing rate.
If we compare the expression V=300r^t with A = C(1+i)^t. We can observe that:
r = 1+i
r = 1+0.14
r = 1.14
