Answer: The average rate of change for an exponential function grows by equal factor per unit interval.
Step-by-step explanation:
The general exponential equation for growth is given by:-
[tex]y=Ab^x[/tex], where
A= initial value
b= Multiplicative growth rate
x = time period
For each value of x, the value of y increases by an equal value of multiplicative factor ( b).
For example: at x=0 , [tex]y=A[/tex]
at x=1, [tex]y=Ab[/tex]
at x= 2, [tex]y=Ab^2[/tex]
Hence, the average rate of change for an exponential function grows by equal factor per unit interval.
