Question

Does the equation y=20,000(0.95)x represent growth or decay?

Answer 1

@zordoloom I think it growth..

Answer 2

That's also decay.

Answer 3

What the difference between growth and decay?

Answer 4

If you are multiplying the exponential by a number that is less than 1, it would be decay. If the number is greater than 1, it is growth.

Answer 5

So if it less that 1 is decay and greater than 1 it growth that makes sense..

Answer 6

Yes. the number you multiply by x. But of course x has to be exponential.