What is the percent rate of change of the function f(x) = (1.15)“x? Does this 5 points function represent exponential growth or decay?
O The percent rate of change is 15% and this represents exponential decay.
The percent rate of change is 85% and this represents exponential decay.
The percent rate of change is 85% and this represents exponential growth.
O The percent rate of change is 15% and this represents exponential growth.