Given the following exponential function ,identify represents growth or decay,and determine the per increase or decrease. y=25(1.071)^x

To determine whether the given exponential function represents growth or decay, we need to look at the base of the exponent, which is 1.071 in this case.If the base is greater than 1, the function represents growth. If the base is less than 1, the function represents decay.In this case, since 1.071 is greater than 1, the function represents growth.To determine the percentage increase or decrease, we can use the formula:Percentage increase or decrease = (Base - 1) * 100%Substituting the value of the base, we get:Percentage increase or decrease = (1.071 - 1) * 100% = 7.1%Therefore, the given exponential function represents growth with a percentage increase of 7.1%.