Question

Given the exponential function A(x)= P (1+r)^x, what value for r will make the function a decay function

Answer 1

negative value for r

Explanation:

Given data

Given the exponential function A(x)= P (1+r)^x

A negative value for r will make the function a decay

Hence the decay function will look like

A(x)= P (1-r)^x