Determine whether the function represents exponential growth or exponential decay. Identify the percent rate of change. f(t)=4(1.05)^t

Yulia

Yulia

Answered question

2021-02-14

Determine whether the function represents exponential growth or exponential decay. Identify the percent rate of change. f(t)=4(1.05)t

Answer & Explanation

Anonym

Anonym

Skilled2021-02-15Added 108 answers

f(t)=4(1.05)t We are given the function:
1+r=1.05
r=1.05-1
r=0.05

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