Determine whether the function represents exponential growth or exponential decay. Identify the percent rate of change. y=0.99^t

Ayaana Buck

Ayaana Buck

Answered question

2021-06-19

Determine whether the function represents exponential growth or exponential decay. Identify the percent rate of change. y=0.99t

Answer & Explanation

Obiajulu

Obiajulu

Skilled2021-06-20Added 98 answers

We are given the function: y=0.99t
The fuction is of the form y=a(1r)t, where 1r<1, so it represents exponential decay. We determine the rate of decay: 1r=0.99
r=10.99
r=0.01

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