Exponential Test Review YL

Front

What is the formula for compound interest?

Back

Front

How do you calculate the total amount after 5 years with quarterly compounding?

Back

Front

What does a growth rate of 3.7% per month indicate in a function?

Back

Front

Back

Adding a constant k in the function results in a vertical shift of the graph up or down, depending on the value of k.

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Back

The transformation indicates a vertical shift down by 3 units, a horizontal shift left by 2 units, and a vertical compression by a factor of 1/2.

Front

What is the difference between exponential growth and decay?

Back

Exponential growth occurs when a quantity increases at a rate proportional to its current value, while exponential decay occurs when a quantity decreases at a rate proportional to its current value.

Front

What is the base in an exponential function?

Back

The base in an exponential function is the constant that is raised to a variable exponent, determining the rate of growth or decay.

Front

How do you identify the initial value in an exponential function?

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Front

What does the term 'compounded quarterly' mean?

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Compounded quarterly means that the interest is calculated and added to the principal four times a year.

Front

What is the significance of the exponent in an exponential function?

Back

The exponent in an exponential function indicates the number of time periods that have passed, affecting the growth or decay of the function.