Question

Decide whether the function is an exponential growth or exponential decay function and find the constant percentage rate of growth or decay. (2 points)

f(x) - 2034 ⋅ 0.9939x

Answer 1

Exponential growth function; 0.0061%
Exponential decay function; -0.61%
Exponential growth function; -0.61%
Exponential decay function; 0.0061%

Answer 2

notice how the percent (99.39% is less than 1 when in decimal form. that means it's a decay)

Exponential decay function; -0.61%