Watch help video. Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage rate of increase or decrease. y = 620(0.941)^x.
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941. Since the base is between 0 and 1, this represents decay. To determine the percentage rate of decrease, we can subtract the base from 1 and then multiply by 100. So, the percentage rate of decrease is (1 - 0.941) * 100 = 5.9%. Show more…
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