Mathematics, 23.11.2020 23:00 thasen31
Given the function y=1200x(1+0.3)^t . Does the function represent exponential growth or exponential decay? What is the rate of growth or rate of decay?
a. Exponential decay and has a decay rate of 3%
b. Exponential growth and has a 3% growth rate
c. Exponential decay and has a decay rate of 30%
d. Exponential growth and has 30% growth rate
Answers: 2
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Given the function y=1200x(1+0.3)^t . Does the function represent exponential growth or exponential...
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