Determine whether the following equation represents an exponential growth or exponential decay. y=48.7⋅(e)^(1.15⋅x)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter5: Exponential And Logarithmic Functions
Section5.3: Logarithmic Functions And Their Graphs
Problem 131E
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Determine whether the following equation represents an exponential growth or exponential decay.

y=48.7⋅(e)^(1.15⋅x)

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