SOLUTION: Is this function for exponential growth or decay? Find the constant percentage rate of growth or of decay. ƒ(x) = 5 • 1.08x Select one: a. Exponential decay; 108% b. Exponent

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Question 936740: Is this function for exponential growth or decay? Find the constant percentage rate of growth or of decay.
ƒ(x) = 5 • 1.08x
Select one:
a. Exponential decay; 108%
b. Exponential growth; 108%
c. Exponential growth; 8%
d. Exponential decay; 8%

Answer by oscargut(2103)   (Show Source): You can put this solution on YOUR website!
Answer : B
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