The function
represents exponential decay. The decay factor is
indicating a percent rate of change of
signifying a decrease over time.
The given function
represents exponential decay. In general, an exponential function of the form
represents exponential growth if
and exponential decay if

In this case, the base of the exponential term is
which is between
. Therefore, the function represents exponential decay.
To find the percent rate of change, you can use the formula for exponential decay:
![\[ s(t) = a * b^t \]](https://img.qammunity.org/2024/formulas/mathematics/college/bpctwx7s043wt8gs4zwlprlz4ju2kalaib.png)
where:
-
is the initial quantity,
-
is the decay factor (in this case,

-
is time.
In your function, \( a = 0.65 \) and \( b = 0.48 \). The percent rate of change is given by \( r = (b - 1) \times 100\% \). Substituting the values, you get:
![\[ r = (0.48 - 1) * 100\% \]](https://img.qammunity.org/2024/formulas/mathematics/college/kkwbd7hb6aanzxidulsh6hw0htqvf9hqgy.png)
![\[ r = (-0.52) * 100\% \]](https://img.qammunity.org/2024/formulas/mathematics/college/reuyhp6i0w28ar2j8lzbwerldsuvetxup6.png)
![\[ r = -52\% \]](https://img.qammunity.org/2024/formulas/mathematics/college/9zr0pc7mpv4rd2uwo75rf878emy5rqv2sn.png)
So, the percent rate of change is
. Note that the negative sign indicates decay.