SOLUTION: Does the equation 'y=11(1.11)^t' model exponential growth or exponential decay? Find the growth or decay factor and the percent per time period.
(I know it is exponential growth
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Question 1136694: Does the equation 'y=11(1.11)^t' model exponential growth or exponential decay? Find the growth or decay factor and the percent per time period.
(I know it is exponential growth but I can't seem to find the rest)
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!
if , represents growth function
if , represents decay function
in your case
since it is exponential function
the is the value which represents
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