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Question
equivalent experience_ma.912.ar.5.3
the cost per night at a hotel can be modeled with an exponential function. the cost per night when the hotel opened was $100 and has been increasing by 5% every year since the hotel opened.
this function represents exponential
dropdown with options: decay, growth
Exponential growth occurs when a quantity increases by a constant percentage rate over time, while exponential decay is for a decreasing rate. Here, the hotel's cost per night is increasing by 5% each year, so it's exponential growth.
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