PLEASE HELP ASAP!!!!!!!!
Given the exponential function f(x) = 60(1.07)x, classify the function as exponential growth or decay and determine the percent rate of growth or decay.

Exponential growth, 60% increase
Exponential growth, 7% increase
Exponential decay, 7% decrease
Exponential decay, 60% decrease

Respuesta :

Answer:

3rd

Step-by-step explanation:

Answer:

Exponential decay, 7% decrease

Step-by-step explanation: