How do you determine if the equation #y = 1.23(1.02)^x# represents exponential growth or decay?

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How do you determine if the equation #y = 1.23(1.02)^x# represents exponential growth or decay?

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Answer 1 · 2016-02-02T10:58:24

Exponential Growth

Explanation:

The general exponential function is #y=ab^x# In the above equation 1.23 represents the y-intercept or the number at the beginning of the experiment. 1.02 is the growth rate and x is time after the experiment begins. graph{1.23*(1.02)^x [-160, 160, -80, 80]}

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How do you determine if the equation #y = 1.23(1.02)^x# represents exponential growth or decay?

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