Tell whether the function represents exponential growth or exponential decay. Identify the growth or decay factor. y=0.15(3/2)^x

Question
Exponential growth and decay
asked 2021-03-11
Tell whether the function represents exponential growth or exponential decay. Identify the growth or decay factor. \(\displaystyle{y}={0.15}{\left(\frac{{3}}{{2}}\right)}^{{x}}\)

Answers (1)

2021-03-12
\(\displaystyle{y}={0.15}{\left(\frac{{3}}{{2}}\right)}^{{x}}\)
The function represents exponential growth because here a = 0.15 which is larger than 0 and b = 1.5 which is larger than 1. So, growth factor b = 1.5
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