SO CONFUSED. Given the following exponential function, identify whether the change represents
growth or decay, and determine the percentage rate of increase or decrease.
y = 980(1.5)

Growth by 50%

Step-by-step explanation:

Growth, because it is higher than 1 and the percentage rate is 50% increasing.

Because growth is (1 +r) decay is (1-r).

growth; 50%

Step-by-step explanation:

growth because b>1

1.5>1

Using the formula for exponential functions, subtract 1.

1.5 - 1 = 0.5

To find percentage, multiply by 100.

0.5 x 100 = 50%

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