To write an exponential decay function to represent this situation, the initial value be 0.925
y=a(1-b)^x
decay factor is 1-b <- and the part we care about
b is 7.5%=0.075
1-0.075
=0.925
In mathematics, exponential decay function describes the process of decreasing quantity at a constant rate over a period of time. It can be represented by the formula y = a(1-b)x. where y is the final volume, a is the initial volume, b is the decay factor, and x is the elapsed time.
exponential decay function have his two types: exponential growth and exponential decay. For a function f(x) = bx, when b > 1, the function exhibits exponential growth. For the function f(x) = bx, the function exhibits an exponential decay when 0 < b < 1.
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