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Answer:
The initial value is 900
It is experiencing exponential growth by 27%
Step-by-step explanation:
Exponential functions are in the form , where a is the initial value, b is the multiplier, and x is the input, such as how many years past a certain date.
Exponential growth is when the multiplier is above 1.00, or above 100%, because b is determined by 1 + r if you have exponential growth, or 1 - r if you have exponential decay. You will never use negatives with exponential decay.