Question

How do you determine if the equation `y = 300(1.6)^x` represents exponential growth or decay?

Answer 1

This equation represents exponential growth because the number (`1.6`) raised to the power `x` is greater than `1`.

Explanation:

If `y = a*b^x` and `a != 0` then `y` will grow exponentially as `x` increases if `b > 1`. If `0 < b < 1`, then `y` will decay exponentially as `x` increases.