Is the equation A=27500(0.75)t

Question

a model of exponential growth or exponential decay, and what is the rate
of change per time period?
Responses

exponential growth and 25%
exponential growth and 25%

exponential decay and 25%
exponential decay and 25%

exponential decay and 75%
exponential decay and 75%

exponential growth and 75%

Answer 1

The equation A=27500(0.75)t is a model of exponential decay. The rate of change per time period is 25%.