A function is shown below: f (x) = (1.07) x what does the function represent? exponential growth of 7% exponential decay of 7% exponential growth of 93%

Question

Daniel Liu

Mathematics

14 April, 11:58

A function is shown below: f (x) = (1.07) x what does the function represent? exponential growth of 7% exponential decay of 7% exponential growth of 93%

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Jair Short · Answer 1

I guess your function should be written this way: f (x) = 1.07ˣ, if so then:

This is an exponential function of the form aˣ, since a>0 (a=1.07) the function is growing for all value of x>0 at the rate of 7%