Consider the function $y=0.325\left(1-0.07\right)^x$y=0.325(1−0.07)x.
Is this an example of exponential growth or exponential decay?
Exponential growth
Exponential decay
State the initial amount.
Find the decay rate as a percentage.
Consider the function $y=60.07\left(1.8\right)^x$y=60.07(1.8)x.
Consider the function $y=39.4\left(0.3\right)^x$y=39.4(0.3)x.
Consider the function $y=40000\left(4\right)^x$y=40000(4)x.