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7 November, 05:48

Given the following exponential function, identify whether the change represents

growth or decay, and determine the percentage rate of increase or decrease.

y =

64 (0.97) x

+1
Answers (1)
  1. 7 November, 08:15
    0
    Hello there!

    Using the given exponential function of y = 64 (0.97) ^x, we can tell that it is a decaying exponential function since the rate is less than 1.

    The percent of decrease is 3% since 97% of the value is retained per x time.
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