Math Problem Statement
Solution
The given function is:
1. Identifying Growth or Decay:
The function is of the form , where is the initial value and is the growth/decay factor.
- If , the function represents growth.
- If , the function represents decay.
In this case, , which is less than 1, so the function represents exponential decay.
2. Determining the Rate of Decrease:
The rate of decrease is given by .
So, the percentage rate of decrease is 9%.
Would you like more details or have any further questions?
Here are some related questions to deepen your understanding:
- How would the function change if it represented exponential growth instead of decay?
- What is the initial value in this function, and how does it affect the graph?
- How can you determine the half-life of this function using the decay rate?
- How would the function behave if the decay rate increased to 20%?
- How do real-world problems model exponential decay, such as radioactive decay or depreciation?
Tip: Always check the value of the base in an exponential function to easily identify if it represents growth or decay.
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Math Problem Analysis
Mathematical Concepts
Exponential Functions
Decay Factor
Growth and Decay
Formulas
y = a(b)^x
Rate of decrease = (1 - b) × 100%
Theorems
-
Suitable Grade Level
Grades 9-12
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