Question

A function is shown below:

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

@phi

Answer 2

I picked A, I just want to be sure. Because I think it might be C also

Answer 3

Definitely A.

Answer 4

If "x" is the exponent, you should write it (1.07)^x

but yes, that is exponential growth of 7%

Answer 5

growth of 93% means the if you start with 100, after 1 step (x goes up by 1) you expect 93% more... 93% of 100 is 93, so 100+93 = 193

7% growth would be 100 + 7% of 100 = 100+7= 107

Answer 6

at x=0 f(0)= 1 (because 1.07^0 is 1)
at x=1 f(1) = 1.07
1.07 grew by 0.07 which is 7% of 1

Answer 7

Ohh