Decide whether the function is an exponential growth or exponential decay function, and find the constant percentage rate of growth or decay. (2 points) f(x) = 7.2 ⋅ 1.08x

For this case we have a function of the form:

Where,

A: amount or initial value

b: rate of change

x: independent variable

y: dependent variable

We have two possible cases:

If 0 <b <1:

The exponential function is decreasing

if b> 1:

the exponential function is increasing.

For this case we have the following function:

For this case we have to:

Therefore, the exponential function is increasing.

The percentage of growth is:

The exponential function is increasing.

The exponential function grows 8% for each value of x.

step-by-step explanation:

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step-by-step explanation:

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