SOLUTION: What type of exponential function is f(x)=0.3(2.6)^x ? What is the function's percent rate of change?

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Question 1128921: What type of exponential function is f(x)=0.3(2.6)^x ?
What is the function's percent rate of change?
Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!

+f%28x%29=0.3%282.6%29%5Ex
Here's an exponential growth function:
y+=+a%281+%2B+b%29%5Ex
y: Final amount remaining over a period of time
a: The original amount
x: Time
The growth factor is %281+%2B+b%29.
The variable, b, is percent change in decimal form.
in your case the growth factor is 1+%2B+b=2.6=>+b=2.6-1=>b=1.6 the function's percent rate of change in decimal form