Exponential Functions

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The account balance will increase 4% each year

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The population is decreasing.

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0.5%

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The account balance will increase 7% each year.

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15% decrease

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A decrease of 6.5%

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The growth factor for a 3.4% monthly interest rate

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The yearly interest rate of 1.2%, written as a decimal

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Function representing the number of visitors t weeks after a website with 25,000 initial visitors increases by 3% each week.

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