Find the annual percent increase or decrease that y = 0.35(2.3)x models. (1 point) a.230% increase b.130% increase c.30% decrease d.65% decrease

B. 130% increase

Step-by-step explanation:

Given function :  

If x represents the number of years, we have to determine the two values of y in consecutive terms to determine if the value of y increases or decreases after a year.

This function is equivalent to the exponential growth function

, where A=0.35 and (1+r)=2.3, [A= initial amount , r=annual percent increase]

Thus,

Hence, the annual percent increase is 130%.

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step-by-step explanation: