For the following exercises, determine whether the equation represents exponential growth, exponential decay, or neither. Explain. y=11,701(0.97)^t

Cheyanne Leigh

Cheyanne Leigh

Answered question

2021-01-31

For the following exercises, determine whether the equation represents exponential growth, exponential decay, or neither. Explain. y=11,701(0.97)t

Answer & Explanation

escumantsu

escumantsu

Skilled2021-02-01Added 98 answers

The formula for an exponential function is represented by its base raised to a power,
f(x)=abx where a is the initial value and b is the growth rate.
If the base, b>1, then it shows exponential growth. If it is 0 Note that the base is between 0 and 1 in the function. Therefore, this equation represents exponential decay.

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