Exponential growth equationA )
y = C(1 -
r)
t B )
y = C(1 +
r)
t C ) Both
D ) Cannot be determined
Steps to derive1 y = C(1 -
r)
t is a model for exponential decay and
y = C(1 +
r)
t is a model for exponential growth.
2 So, the
equation y = C(1 -
r)
t is not an exponential growth model
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