Respuesta :

The values of b in an exponential function for the changes desired are given as follows:

  • 23% decrease: 0.77.
  • 8% increase: 1.08.
  • 15% decrease: 0.85.
  • 120% increase: 2.2.

What is an exponential function?

An exponential function is modeled by:

[tex]y = ab^x[/tex]

In which:

  • a is the initial value.
  • b is the rate of change.

The rate of change has the following format:

[tex]b = 1 \pm r[/tex]

In which a decrease has a - sign and an increase has a + sign. Hence the changes are given as follows:

  • 23% decrease: 0.77.
  • 8% increase: 1.08.
  • 15% decrease: 0.85.
  • 120% increase: 2.2.

More can be learned about exponential functions at https://brainly.com/question/25537936

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