can be modeled by the function y=a×bx, where Response area and Response area. The initial amount is Response area and the base b is the exponential growth, which equals 1 Response area the percent rate of change expressed as a Response area.

Answer 1

Therefore, the function can be modeled as:

y = Initial amount × (1 + Percent rate of change)^x

Where:
- y is the response area
- Initial amount is the starting value
- Percent rate of change is the growth rate expressed as a decimal
- x is the time or number of periods
- The base of the exponential growth is 1 + Percent rate of change