Question

Given the equation y = 1.3* Growth a. Does this equation represent growth or decay? 1.3 b. What is the growth or decay factor? e. What is the rate of growth or decay? d. What is the initial value?

Answer 1

a. Growth

b. 1.3

c. 30%

d. 1

Step-by-step explanation:

The exponential equation given can be written in the form

`y=1.3^x=1(1.3)^x`

From this form, we see that

a. the function represents a growth since 1.3 > 1

b. the growth factor is 1.3

c. The rate of growth is (1.3 - 1) * 100% = 30%

d. the initial value is 1.

Hence, the answers

a. Growth

b. 1.3

c. 30%

d. 1