Exponential Functions and Equations Practice

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What is an exponential function?

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What does the base of an exponential function represent?

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The base of an exponential function determines the rate of growth or decay. If the base is greater than 1, the function represents exponential growth. If the base is between 0 and 1, it represents exponential decay.

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Write the exponential equation for a quantity that increases by 5% each month starting from 100.

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According to the properties of exponents, what happens when you multiply two exponential expressions with the same base?

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What is the difference between exponential growth and exponential decay?

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Exponential growth occurs when the base of the exponential function is greater than 1, leading to an increase over time. Exponential decay occurs when the base is between 0 and 1, leading to a decrease over time.

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What is the equation for exponential decay?

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