Equations of Exponential Functions Given the following equation of an exponential function
R = 10.5(0.535)t
determine the base, b, of the exponential model. Is the base a growth or decay factor?

a. b is 0.535; It is a growth factor.
b. b is 0.535; It is a decay factor.
c. b is 10.5; It is a growth factor.
d. b is 10.5; It is a decay factor.

Please select the best answer from choices provided