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Steven was given the function, f(x)=0.95^4t and asked to determine the rate of change and the type of exponential function. What is the best way for Steven to describe the function?
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Steven was given the function, f(x)=0.95^4t and asked to determine the rate of change and the type of exponential function. What is the best way for Steven to describe the function?

User Gabor Juhasz
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The rate of change is -5% and represents exponential decay.
User Pavel Stepanov
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