Determine if the equation y = 3(3.4)x represents exponential growth or decay.

The answer is an exponential growth. The equation is y=3(3.4)x and since 3.4 > 1, this is an exponential growth. Exponential growth occurs when the growth rate of the value is proportional to the function's current value, resulting in its growth with time being an exponential function. Thank you for posting your question. I hope that this answer helped you. Let me know if you need more help. 

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