Tell whether the statement describes exponential growth or decay.Write your answer on the blank.
_____1. The value of a car purchased at ₱ 600, 000 depreciates at the rate of 115% a year.
_____2. There are 10, 000 concert tickets sold. Some were VIP and some were regular tickets.
_____3. A house and lot cost ₱ 1, 000, 000 at the beginning and increases in value annually at the rate of ₱ 7, 000.
_____4. The amount at the end of 5 years on a principal of ₱ 10, 000 at 3.5% compounded annually.
_____5. A bacteria in a cultured doubles every hour.