SOLUTION: Find the open interval of increase or decrease, asymptotes (if any), growth or decay factor, growth or decay rate as a percentage. y=12(1.05)^-x I don't understand how this an

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: Find the open interval of increase or decrease, asymptotes (if any), growth or decay factor, growth or decay rate as a percentage. y=12(1.05)^-x I don't understand how this an      Log On


   

Question 867196: Find the open interval of increase or decrease, asymptotes (if any), growth or decay factor, growth or decay rate as a percentage.
y=12(1.05)^-x
I don't understand how this answer was reached 12(0.9524)^x
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
y=12(1.05)^-x
y=12%281%2F%281.05%29%5Ex%29+=++12%281%2F%281.05%29%29%5Ex+=+12%28.9524%29%5Ex+%29