A function is shown: f(x) = (1.07)x What does the function represent? Exponential growth of 7% Exponential decay of 7% Exponenti
al growth of 93% Exponential decay of 93%
2 answers:
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:
It is
Exponential decay of 93%
Step-by-step explanation:
:3 hope that helped!
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