QUESTION IMAGE
Question
select the best description of the following exponential equation.
$f(x)=88(4.34)^x$
show your work here
- growing by 434% with every unit of $x$
- decaying by 334% with every unit of $x$
- decaying by 434% with every unit of $x$
- growing by 334% with every unit of $x$
Step1: Recall exponential growth form
The standard exponential growth formula is $f(x) = a(1+r)^x$, where $a$ is the initial value, $r$ is the growth rate, and $1+r>1$.
Step2: Match given function to form
Given $f(x)=88(4.34)^x$, so $1+r=4.34$.
Step3: Calculate growth rate
Solve for $r$: $r = 4.34 - 1 = 3.34$. Convert to percentage: $3.34\times100\%=334\%$.
Step4: Confirm growth type
Since $4.34>1$, this is exponential growth.
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Growing by 334% with every unit of $x$