What is 24% as a growth and decay factor

When given a percentage of growth or decay, determined the growth/decay factor by adding or subtracting the percent, as a decimal, from 1. In general if r represents the growth or decay factor as a decimal then: b = 1 - r Decay Factor. b = 1 + r Growth Factor. A decay of 20% is a decay factor of 1 - 0.20 = 0.