Question

Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease.

y=75(1.98)^x

Answer 1

Explanation:

The change represents growth because you have a one with the .98 if it were to be a decay you wouldn't have a 1 and your point would be lower. The percentage rate of the increase is probably 98% because when you convert 98% into a decimal you get .98...