Question

A function is shown: f(x) = (1.07)x What does the function represent? Exponential growth of 7% Exponential decay of 7% Exponential growth of 93% Exponential decay of 93%

Answer 1

Answer:

Exponential growth of 7%

Step-by-step explanation:

We are given the function:

A function is shown: f(x) = (1.07)^x

We can compare this to a formula of Exponential Growth

y = a(1 + r)^x

Hence:

1 + r = 1.07

r = 1.07 - 1

r = 0.07

Converting to percy

0.07 × 100

= 7%

Therefore, the function represents Exponential growth of 7%

Answer 2

Answer:

It is  

Exponential decay of 93%

Step-by-step explanation:

:3 hope that helped!