EXPONENTIAL FUNCTIONS
Choose the correct term to complete each sentence. The type of function y=a(b)ˣ models Exponential Decay for when b is in between 0 and 1.The function y=a(b)ˣ models Exponential Growth for when b is greater than 0.The type of function y=a(b)ˣ represents is Exponential Function Reminders for when you are looking at exponential graphs visually... Exponential GROWTH increasesas you read the graph from left to right.Exponential DECAY decreasesas you read the graph from left to right. Which graph(s) represent exponential growth? (Select all that apply). Which graph(s) represent exponential growth? (Select all that apply). Which graph(s) represent exponential decay? (Select all that apply). Does this graph represent exponential growth, decay, or neither? Growth Decay Neither Given the following functions, identify the rate, rate factor, rate percent, and initial value. Also identify which function is a growth and which one is a decay. Rate 0.97 0.65 Rate Factor 0.03 1.65 Rate Percent 97% 65% Initial Value 400 27 Growth f(x) = 27(1.65)ˣ Decay g(x) = 400(0.03)ˣ You open your first interest-bearing savings account with an initial deposit of $2,500. Interest is compounded quarterly at a rate of 3.5%. Assuming you do not deposit any more money into the account, how much money will you have in the account after 5 years? The fish population in a local stream is decreasing at a rate of 3% per year. The original population was 48,000 fish. What is the population of the fish pond after 7 years? The table shows store sales by year. Which function models the data? The table shows store sales by year. Which function models the data?