Exponential Growth and Decay Word Problems

Front

What is exponential growth?

Back

Front

What is exponential decay?

Back

Front

How do you identify the growth rate in an exponential function?

Back

Front

How do you identify the decay rate in an exponential function?

Back

Front

What does a base less than 1 indicate in an exponential function?

Back

Front

What does a base greater than 1 indicate in an exponential function?

Back

Front

What is the general form of an exponential decay equation?

Back

Front

What is the general form of an exponential growth equation?

Back

Front

If a population decreases by 1.5% each year, what is the decay factor?

Back

The decay factor is calculated as 1 - r, where r is the decay rate. For a 1.5% decrease, the decay factor is 1 - 0.015 = 0.985.

Front

How do you convert a percentage rate to a decimal for calculations?

Back

To convert a percentage rate to a decimal, divide the percentage by 100. For example, 3% becomes 0.03 (3/100).