A function is shown below:

f (x) = (0.07) x

What does the function represent?

Exponential growth of 7%

Exponential decay of 7%

Exponential growth of 93%

Exponential decay of 93%

Question

Yang

19 September, 06:34

+2

Answers (1)

Know the Answer?

Draven Edwards · Answer 1

Last one:

f (x) = (1+r) ^x, then find r=0.07-1=-0.93,

negative---> decay, and then 0.93==93%

A function is shown below:f (x) = (0.07) xWhat does the function represent?Exponential growth of 7%Exponential decay of 7%Exponential growth of 93%Exponential decay of 93%