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Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease. y = 980(1.08)

Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease. y = 980(1.08)
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Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease. y = 980(1.08)

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User Nitishagar
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1 Answer

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the change represent growth. And the rate of increase is 8%

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User Michel Mesquita
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