Consider that algebraic modeling For the function displaystyle f{{left({x}right)}}={34}{left({1.024}right)}^{x} 1) The function is an increasing exponential function because it is the form displaystyle{y}={a}{b}^{x} and ? 2) The growth rate is ? 3) Thrawth factor is ?

djeljenike

djeljenike

Answered question

2021-02-06

Consider that algebraic modeling For the function f(x)=34(1.024)x
1) The function is an increasing exponential function because it is the form y=abx and ?
2) The growth rate is ?
3) Thrawth factor is ?

Answer & Explanation

FieniChoonin

FieniChoonin

Skilled2021-02-07Added 102 answers

And exponential function y=abx is increasing if b is greater than 1 and decreasing if b is less than 1.
Here b=1.024
The function is an increasing exponential function because it is in the form y=abx and b is greater than 1.
b is called the growth factor and growth rate =100(b1)%
So, the growth factor =1.024
and growth rate =100(1.0241)%=100(0.024)%=2.4%
The finally:
1) The b is greater than 1
2) The growth rate =2.4%
3) The growth factor =1.024

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