SOLUTION: State if: A. if it is exponential or decay B. the rate of growth or decay C. the y-intercept f(x)=123(0.95)^x

Algebra ->  Functions -> SOLUTION: State if: A. if it is exponential or decay B. the rate of growth or decay C. the y-intercept f(x)=123(0.95)^x      Log On


   

Question 701711: State if:
A. if it is exponential or decay
B. the rate of growth or decay
C. the y-intercept
f(x)=123(0.95)^x
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
A) This is exponential decay because the base 0.95 is smaller than 1.

B) Rate of decay: 5% (since 0.95 = 1 - 0.05)

C) y-intercept: 123 (the initial amount)