Exponential Functions Review

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What is an exponential function?

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What does the base of an exponential function determine?

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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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What is the initial value in an exponential function?

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How do you find the value of an exponential function at a specific point?

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To find the value of an exponential function at a specific point, substitute the value of 'x' into the function and calculate the result.

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What is the asymptote of an exponential function?

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What is the formula for compound interest?

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What does a 15% interest rate mean in terms of exponential growth?

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A 15% interest rate means that the value of the investment increases by 15% of its current value each year, leading to exponential growth.

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How do you convert a percentage growth rate to a base for an exponential function?

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What is the significance of the y-intercept in an exponential function?

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The y-intercept represents the initial value of the function, indicating the starting point of the exponential growth or decay.

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What is the relationship between exponential functions and logarithms?

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