Identify each function as exponential growth or decay, and find the growth or decay factor. y=3(4^x)

Sinead Mcgee

Sinead Mcgee

Answered question

2020-12-03

Identify each function as exponential growth or decay, and find the growth or decay factor.
y=3(4x)

Answer & Explanation

Alix Ortiz

Alix Ortiz

Skilled2020-12-04Added 109 answers

We are given the function: y=3(4x)
The function is of exponential growth because it is in the form: y=a(1+r)x,r>0
We find the growth factor: 1+r=4
r=4-1
r=3=300%
Jeffrey Jordon

Jeffrey Jordon

Expert2021-10-13Added 2607 answers

Answer is given below (on video)

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