For Activities 11 through 14, a. calculate the constant percentage change for the...

For Activities 11 through 14,

a. calculate the constant percentage change for the model.

b. interpret the answer to part a in context.

GE Earnings Over the past four decades, General Electric has experienced exponential growth in its earnings. GE’s cumulative net earnings per decade over the past four decades can be modeled as

where d represents the decade beginning with d = 0 in the 1970s and d = 1 in the 1980s.

(Source: Based on data from GE’s 2008 annual report)