Equations of Exponential Functions
Given the following equation of an exponential function
C = 10.5(1.194)t
determine the base, b, of the exponential model. Is the base a growth or decay factor?
a. b is 1.94; It is a growth factor.
b. b is 1.194; It is a decay factor.
c. b is 10.5; It is a growth factor.
d. b is 10.5; It is a decay factor.
Please select the best answer from the choices provided