Interpret the following exponential function:
y = 6 (1.07) ^x
What is the growth/decay factor? What is the y-intercept?
a.
Decay factor is 6; y-intercept is 1.07
b.
Decay factor is 1.07; y-intercept is 6
c.
Growth factor is 6; y-intercept is 1.07
d.
Growth factor is 1.07; y-intercept is 6
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