What is the growth/decay factor? what is the y-intercept?
y=6(1.07)^x

An exponential function is given by:

           .....[1]

where, a is the initial amount.

If b > 1, then this is exponentially growth function.

If 0< b< 1, then this is exponentially decay function.

Given the function:

On comparing with [1] we have;

a=6 and b = 1.07

Since, b = 1.07 > 1

Therefore, this is exponentially growth function.

⇒the growth factor(b) = 1.07

Now, find the y-intercept.

y-intercept states that the line crosses the y-axis.

Substitute x = 0 and solve for y;

y-intercept = (0, 6)

Therefore, the growth factor(b) = 1.07 and y-intercept = (0, 6)

1 and 2

step-by-step explanation: