Answer
$y=0.5\cdot4^x$
Work Step by Step
Let $y=ab^x$.
Then our equations are: $8=ab^2$ and $32=ab^3$.
If we divide the second equation by the first one we get: $4=b$. Then $8=a\cdot4^2=16a\\a=0.5$.
Thus $y=0.5\cdot4^x$
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