Question

Interpret the following exponential function:

y = 6 (1.07) Superscript x
What is the growth/decay factor? What is the y-intercept?
a.
Decay factor is 6; y-intercept is 1.07
b.
Decay factor is 1.07; y-intercept is 6
c.
Growth factor is 6; y-intercept is 1.07
d.
Growth factor is 1.07; y-intercept is 6

Answer 1

d. Growth factor is
`1.07^(x)` ; y-intercept is 6

Explanation:

I. When y = 6(
`1.07^(x)`)

If growth factor means

y.value will increase if x.value is increase

Prove Given x = 1, 2

y = 6(1.07)^1

= 6.42

y = 6(1.07)^2

= 6.866

That makes 1.07 is growth factor