Answer:
Decay
Step-by-step explanation:
The value, y of an investment x is given by:
y = 25000(1.16)^-x
x = number of month after investment
y = value of investment after x months
The function f(y) above is an exponential usually related in the form:
y = Ar^-x
Plugging values of x into the function :
After 1 month; x = 1
y = 25000(1.16)^-1 = 21551.724
After 2 month; x = 2
y = 25000(1.16)^-2 = 18579.072
After 3 month; x = 3
y = 25000(1.16)^-3 = 16016.441
Since y is decreasing with increasing value of x, then we have a decay
