11. Complete the table.
[3]
\begin{tabular}{|c|c|c|c|}
\hline Function & $\begin{array}{c}\text { Initial } \\
\text { Value }\end{array}$ & $\begin{array}{c}\text { Exponential Growth or } \\
\text { Decay? }\end{array}$ & Growth or Decay Rate \\
\hline$V(x)=20(1.05)^{+}$ & & & \\
\hline$P(n)=(0.6)^{n}$ & & & \\
\hline
\end{tabular}

Answer

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Answer

$\boxed{\begin{tabular}{|c|c|c|c|} \hline Function & Initial Value & Exponential Growth or Decay? & Growth or Decay Rate \\ \hline V(x)=20(1.05)^x & 20 & Growth & 5\% \\ \hline P(n)=(0.6)^n & 1 & Decay & -40\% \\ \hline \end{tabular}}$

Steps

Step 1 ：$V(x) = 20(1.05)^x$

Step 2 ：$P(n) = (0.6)^n$

Step 3 ：$V_{initial\ value} = 20$

Step 4 ：$V_{growth\ or\ decay} = \text{Growth}$

Step 5 ：$V_{growth\ or\ decay\ rate} = 5\%$

Step 6 ：$P_{initial\ value} = 1$

Step 7 ：$P_{growth\ or\ decay} = \text{Decay}$

Step 8 ：$P_{growth\ or\ decay\ rate} = -40\%$

Step 9 ：$\boxed{\begin{tabular}{|c|c|c|c|} \hline Function & Initial Value & Exponential Growth or Decay? & Growth or Decay Rate \\ \hline V(x)=20(1.05)^x & 20 & Growth & 5\% \\ \hline P(n)=(0.6)^n & 1 & Decay & -40\% \\ \hline \end{tabular}}$

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