Question

Given the following exponential function, identify whether the change represents

growth or decay, and determine the percentage rate of increase or decrease.
y = 70(0.96)

Answer 1

it is a decay, it's value drops by 4%

Explanation:

0.96 is less than 1 so it is a decay function.

1-0.96 = 0.04 so it drops at the rate of 4%