Identify the initial amount a and the rate of decay r (as a percent) of the exponential function w(t)=700(0.995)^t. Evaluate the
function when t= 3. Round your answer to the nearest tenth.
exponential growth or decay function is a function that grows or shrinks a a constant percent growth rate. The equation can be written in the form f(x) = a(1 + r)x or f(x) = abx where b = 1 + r.
