Find the annual percent increase or decrease that y = 0.35(2.3)x models. (1 point) Responses 230% increase 230% increase 130% increase 130% increase 30% decrease 30% decrease 65% decrease
To find the annual percent increase or decrease, we need to compare the value of y at two different times.
The formula given is y = 0.35(2.3)x.
If we let x = 0, we can find the initial value of y.
y = 0.35(2.3)(0) = 0
If we let x = 1, we can find the value of y after one year.
y = 0.35(2.3)(1) = 0.805
To find the percent increase or decrease, we can use the formula:
Percent Increase/Decrease = (New Value - Initial Value)/Initial Value * 100
Plugging in the values:
Percent Increase/Decrease = (0.805 - 0)/0 * 100
Percent Increase/Decrease = 0/0 * 100
Since the denominator is zero, the percent increase or decrease is undefined. Therefore, none of the given options (230% increase, 130% increase, 30% decrease, 65% decrease) are correct.