Question

What is the percent rate of change in function y = (0.99)x? Determine whether the function represents exponential growth or exponential decay.

(1 point)
Responses

1%; exponential growth
1%; exponential growth

1%; exponential decay
1%; exponential decay

10%; exponential growth
10%; exponential growth

0.1%; exponential decay

Answer 1

[AI-generated answer — Bot GPT 3.5]

1%; exponential decay