Classify the model as Exponential GROWTH or DECAY. A=1200(.85)^6
2 answers:
Answer:
Decay
Step-by-step explanation:
Considering the model:
0.85=1-0.15
Therefore, the model can be rewritten as:
This shows that the model decays by a common ratio of 0.15 or 15%.
In general, when the common ratio is less than 1, the model decays while whenever it is greater than one, there is exponential growth.
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