Is paying off debt a good example of exponential decay?

if so, why?

if not, what is a good example?

Possibly

Step-by-step explanation:

It depends on how you're paying it off, is it a set amount or a percentage? If it's by a percentage then the debt never gets completely paid off but I guess that could work. If it's a set amount, such as $50 per month, then it doesn't quite work as what you're paying back relative to the amount of money you still owe changes as time goes on. A better example that I know my math teacher always used was the decay of radioactive material such as Carbon-14 and half-life, all that.

the solution is x=1

step-by-step explanation:

we are given our   equation as

let's assume

left side function is

right side function is

now, we can draw graph

and then we can get intersection point

the intersection point will be solution

so, the solution is

x=1