Answer:
Exponential decay.
Explanation:
We have been given the formula of a function
and we are asked to determine whether our given function represents exponential growth or exponential decay.
Since we know that an exponential function is in form:
, where,
a = Initial value of function,
b = For growth b is in form (1+r) and for decay b is in form (1-r), where r represents rate in decimal form.
Upon comparing our given function with standard exponential function we can see that a = 2 and b = 0.65. Since b is less than 1, therefore, our given function represents exponential decay.