Question

Given the following exponential function, identify whether the change represents growth or decay, & determine the percentage rate of increase or decrease
y = 250 (1.078) ^x

Answer 1

Answer:

The exponential function represents growth, the percentage rate of increase is 7.8 %

Step-by-step explanation:

Please see the attachment.

The exponential function represents growth, the percentage rate of increase is 7.8 %