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The initial value of the function is 1, and the rate is 0.25
The equation of the exponential function is given as:
[tex]y = 0.25^x[/tex]
An exponential function may represent growth or decay, and it is represented as:
[tex]y = ab^x[/tex]
Where:
So, by comparison:
[tex]a =1[/tex] and [tex]b = 0.25[/tex]
Hence, the initial value of the function is 1, and the rate is 0.25
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