Answer :

The general form of an exponential function is given by

[tex]$$
y = ab^x,
$$[/tex]

where:
- [tex]$a$[/tex] is the initial value,
- [tex]$b$[/tex] is the base (or growth/decay factor).

In the equation

[tex]$$
y = 20000(0.95)^x,
$$[/tex]

we can see that:
- [tex]$a = 20000$[/tex], and
- [tex]$b = 0.95$[/tex].

Since [tex]$0.95$[/tex] is less than 1, the function exhibits exponential decay rather than growth.

Therefore, the equation represents decay.

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Rewritten by : Barada