Wail S. answered 01/18/23
Experienced tutor in physics, chemistry, and biochemistry
Hi Detarrius,
We can write a general form of these kinds of functions, y = A(r)x
If r > 1, the function is increasing
If r < 0, the function is decreasing. Your function has r = 0.98 so it is decreasing (decay)
In the case where r = 1, then y = A(1)x, which is just y = A since 1x is always 1
The percentage rate of decrease depends on r:
for example: when x = 0, y = 200. When x = 1, y = 200*0.98 = 196. If you keep following this for more values, you will see that the value of y decreases by 2% every time we increase x by 1. You can infer this value from r:
1 - r = 0.02
which is 2%