Determine If the Function Is a Growth Exponential or a Decay

question 224

Multiple Choice

Determine if the function is a growth exponential or a decay exponential.
- $y = 3 ^ { 0.7 x }$

• A) Growth
• B) Decay

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Definitions:

Notes Receivable

A customer’s written promise to pay an amount and possibly interest at an agreed-upon rate.

Allowance Method

The method of accounting for uncollectible accounts that provides an expense for uncollectible receivables in advance of their write-off.

Receivables

All money claims against other entities, including people, business firms, and other organizations.

Written Off

The process of recognizing that a portion of a company's assets or receivables has decreased in value and is unlikely to be recovered, thus removing it from the balance sheet.