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Does the equation y = 5(2.3)* model exponential growth, exponential decay or neither?
Question
Does the equation y = 5(2.3)* model exponential growth, exponential decay or neither?
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Mathematics
5 years
2021-07-23T06:05:34+00:00
2021-07-23T06:05:34+00:00 2 Answers
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Answers ( )
Exponential growth because maths is good
Answer:
It models exponential growth
Step-by-step explanation:
Use the formula f(x)=a(1+r)^x where r is the growth rate, a is the principal value, and x is the length of time.
Since r would be equal to 2.3-1=1.3, this means a growth rate of 130%, which means the model models exponential growth since r>1.