Question

Given the following exponential function, identify whether the change represents

Answer 1

The exponential equation represents an exponential growth because the rate of decay is 1.02 which is greater than 1.

y = 90(1.02)^x

The general form equation is:

y(x)= a(1+r)^x such that r is the decay percent.

on comparing,

1 + r = 1.02

r = 1.02 - 1

r = 0.02

converting into percent

r = 0.02 * 100

r = 2%.

Hence the exponential growth is 2%.

Learn more about the exponential growth here:

brainly.com/question/11487261

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