Classify the model as exponential growth or exponential decay. Identify the growth or decay factor and the percent increase or decrease per time period.

y=16(1.25)^t

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it increases exponentally over time: exponential growth

If it were (1.25)-t it would be decay.
its exponential growth because its 1.5 in the parenthesies if it was decay it would be lower than 1, ex. .34, .23, .05.
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