Mathematics, 27.05.2020 03:58 SauceyNaee

State the growth rate and the growth factor of the exponential function y=1.03^x. Does the exponential function y=1.03^x model exponential growth or exponential decay?
(Could you please explain how you got to the answers as well?)

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State the growth rate and the growth factor of the exponential function y=1.03^x. Does the exponential function y=1.03^x model exponential growth or exponential decay? (Could you please explain how you got to the answers as well?)

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Another question on Mathematics

State the growth rate and the growth factor of the exponential function y=1.03^x. Does the exponential function y=1.03^x model exponential growth or exponential decay?
(Could you please explain how you got to the answers as well?)