The answers to the options are; The initial value is 1. The base, or rate of change, is 1/3. The domain is All real Numbers.
What is exponential growth or decay function?
Consider the function:
[tex]y = a(1\pm r)^m[/tex]
where m is the number of times this growth/decay occurs,
a = initial amount, and r = fraction by which this growth/decay occurs.
If there is a plus sign, then there is exponential growth happening by r fraction or 100r %
If there is a negative sign, then there is exponential decay happening by r fraction or 100r %
From the graph of the exponential decay function.
The initial value is 1.
The base, or rate of change, is 1/3.
The domain is All real Numbers.
Learn more about exponential growth and decay here:
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