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PLEASE HELP ASAP!!!!!!!! Given the exponential function f(x) = 60(1.07)x, classify the function as exponential growth or decay and determine the percent rate of growth or decay.…

PLEASE HELP ASAP!!!!!!!! Given the exponential function f(x) = 60(1.07)x, classify the function as exponential growth or decay and determine the percent rate of growth or decay.…
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PLEASE HELP ASAP!!!!!!!!

Given the exponential function f(x) = 60(1.07)x, classify the function as exponential growth or decay and determine the percent rate of growth or decay.

Exponential growth, 60% increase
Exponential growth, 7% increase
Exponential decay, 7% decrease
Exponential decay, 60% decrease

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User Lbalazscs
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8.5k points

2 Answers

4 votes

Answer:

Exponential decay, 7% decrease

Explanation:

answered
User Sas Gabriel
by
8.7k points
0 votes

Answer:

3rd

Explanation:

answered
User Sergiy Seletskyy
by
8.9k points
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