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Classify each situation as exponential growth or exponential decay.

Classify each situation as exponential growth or exponential decay.-example-1

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Answer:

Explanation:

Exponential Growth:

1). The value of a home in a growing community every year.

2). The amount of money in a saving account that earns interest annually.

Exponential decay:

1). The monthly sale of albums of a band whose popularity is declining.

2). The amount of radioactive element remaining in a sample every decade.

3). The temperature of a hot cup of coffee left on the counter every minute.

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