SOLUTION: State if: A. if it is exponential or decay B. the rate of growth or decay C. the y-intercept g(x)=75(1.07)^x

Algebra ->  Functions -> SOLUTION: State if: A. if it is exponential or decay B. the rate of growth or decay C. the y-intercept g(x)=75(1.07)^x      Log On


   

Question 701712: State if:
A. if it is exponential or decay
B. the rate of growth or decay
C. the y-intercept
g(x)=75(1.07)^x
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
A) Exponential growth because 1.07 is greater than 1

B) Rate of growth: 7% (1.07 = 1 + 0.07 = 1 + 7%)

C) y-intercept: 75, this is the initial amount or population