Identify each of the following functions as exponential growth or decay. Then give the rate of growth or decay as a percent. y=a(3/2)^t

Khadija Wells

Khadija Wells

Answered question

2021-01-17

Identify each of the following functions as exponential growth or decay. Then give the rate of growth or decay as a percent. y=a(32)t

Answer & Explanation

AGRFTr

AGRFTr

Skilled2021-01-18Added 95 answers

y=a(32)t
This is a growth function
Rate of decay is 1.5-1=0.5
That is 50%
Consider an exponential function of the form: y=bax
If a>1, then it is exponential growth function with growth rate a-1
If a<1, then it is exponential decay function with decay rate 1-a

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