Identify if the function represents exponential growth or exponential decay. Then identify it's factor, rate and y-intercept. t(x)=100(0.56)^x

Question

p(x) is an exponential  growthdecay function.

Its  growthdecay factor is .

its  growthdecay rate is  %.

It's y-intercept is .

Answer 1

So, if I multiply 0.56 times itself over and over, does the product get larger or smaller? Anything less than 1 shows decay.

The growth decay factor is 0.56. This means that after each period of time (a day, a year, a minute, etc), we are left with 56% of the previos time period. How do we get there?

100 - 56 = 44, so the growth decay rate is 44%.

Hope this helps!