Exponential Functions Review

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What is an exponential function?

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What does the base 'b' in an exponential function represent?

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The base 'b' represents the growth (if b > 1) or decay (if 0 < b < 1) factor of the function.

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What is the common ratio in exponential functions?

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How do you calculate simple interest?

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What is depreciation in the context of exponential functions?

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Depreciation refers to the reduction in the value of an asset over time, often modeled by an exponential decay function.

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What is the y-intercept of an exponential function?

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What does it mean if an exponential function shows growth?

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An exponential function shows growth if the base 'b' is greater than 1, indicating that the function's value increases as 'x' increases.

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What does it mean if an exponential function shows decay?

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An exponential function shows decay if the base 'b' is between 0 and 1, indicating that the function's value decreases as 'x' increases.

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How do you find the value of an asset after depreciation?

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What is the formula for exponential growth?

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