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What is an exponential decay function?

What is an exponential decay function?-example-1

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Answer:

In mathematics, exponential decay describes the process of reducing an amount by a consistent percentage rate over a period of time. It can be expressed by the formula y=a(1-b)x wherein y is the final amount, a is the original amount, b is the decay factor, and x is the amount of time that has passed.

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