Is the increase in value linear or exponential, math homework help

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Is the increase in value linear or exponential, math homework help

During the worst periods of hyperinflation in a certain country, the price of food increased at a rate of 15% per month. State whether this increase was linear or exponential. If your food bill was $80 in one month during this period, what was it three months later?

Was the growth in inflation linear or exponential?

exponential

linear