Answer:
This equation is exponential decay.
Step-by-step explanation:
The reason for this equation for being an exponential decay is because the rate (the number inside the parenthesis), is less than 1, meaning that the curve is going to decay instead of grow.
Keep this in note: If the rate is greater than 1, your curve is going to resemble an exponential growth. If the rate is less than 1, your curve is going to be an exponential decay.
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