A function is shown below:

f(x) = (0.93)x

What does the function represent?
Exponential growth of 7%
Exponential decay of 7%
Exponential growth of 93%
Exponential decay of 93%

I think C

Question

A function is shown below:

f(x) = (0.93)x

What does the function represent?
Exponential growth of 7%
Exponential decay of 7%
Exponential growth of 93%
Exponential decay of 93%

I think C

igreen · Answer

No..the equation, I believe is something like:

f(x) = (1 + r)^x

Where 'r' is the rate

igreen · Answer

What's 1 - 0.93?

igreen · Answer

Anything more than 1 in there is an increase, and anything less than 1 in there is a decrease.

anonymous · Answer

@iGreen 0.07

igreen · Answer

Yes, so that's 7%..so what do you think?

igreen · Answer

Is 0.93 more than or less than 1?

anonymous · Answer

decay of 7? @iGreen

igreen · Answer

Yes!

anonymous · Answer

great thanks! @iGreen

igreen · Answer

Happy to Help! $\huge\ddot\smile$