You got a new credit card with an interest rate of 18% compounded monthly and no minimum payment. you go on a shopping spree and purchase $10,000 worth of clothes and shoes. if you wait 6 months to pay the bill, how much more will you owe than if you had paid the bill immediately?

the correct answer is b. negative exponential growth.

step-by-step explanation:

you can tell it's an exponential function because it decreases rapidly then levels out and never touches the x-axis.

it is negative because the y-axis decreases as the x-axis increases.

therefore it is a negative exponential growth graph.

hope i !