Does the equation y = 5(2.3)* model exponential growth, exponential decay or neither?
2 answers:
Answer:
It models exponential growth
Step-by-step explanation:
Use the formula f(x)=a(1+r)^x where r is the growth rate, a is the principal value, and x is the length of time.
Since r would be equal to 2.3-1=1.3, this means a growth rate of 130%, which means the model models exponential growth since r>1.
Exponential growth because maths is good
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