Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease. y=910(0.94)^x y=910(0.94) x

Question

Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease.

y=910(0.94)^xy=910(0.94)x

Answer 1

if the base <1, it's decay, >1 it's growth, =1, no change

.94 <1, so it's decay

1.00-.94 = .06 = 6% decay rate