Exponential #1 Review

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What is an exponential function?

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What is the formula for compound interest?

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How do you calculate the amount in a savings account after a certain number of months using an exponential function?

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

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The base in 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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What is the effect of changing the coefficient in an exponential function?

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Changing the coefficient (the constant multiplier) in an exponential function affects the vertical stretch or compression of the graph. A larger coefficient stretches the graph vertically, while a smaller coefficient compresses it.

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