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Given the following exponential function, identify whether the change representsgrowth or decay, and determine the percentage rate of increase or decrease.y = 70(0.96)Growth ____% increase

Given the following exponential function identify whether the change representsgrowth or decay and determine the percentage rate of increase or decreasey 70096G class=

Respuesta :

[tex]y=70(0.96)^x[/tex]

Given that the base of the exponential function, 0.96, is less than 1, then the change represents a decay.

The percentage rate of decrease is 1 - 0.96 = 0.04 or 4%

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