Mathematics, 23.11.2020 23:00, thasen31

Given the function y=1200x(1+0.3)^t . Does the function represent exponential growth or exponential decay? What is the rate of growth or rate of decay? a. Exponential decay and has a decay rate of 3%

b. Exponential growth and has a 3% growth rate

c. Exponential decay and has a decay rate of 30%

d. Exponential growth and has 30% growth rate

Answers: 2

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Given the function y=1200x(1+0.3)^t . Does the function represent exponential growth or exponential...