Exploring Exponential Growth and Decay Formulas

Which sign in the general formula indicates a problem is about growth?

• Minus (-)

• Division (÷)

• Multiplication (×)

• Plus (+)

What does the 'P' in the exponential growth formula represent?

• The percentage rate of growth

• The final amount after growth

• The time in years

• The initial amount before growth

What is the base of the exponential function when calculating growth?

• The final amount

• The initial amount

• 1 plus the rate

• 1 minus the rate

How do you convert a percentage rate to a decimal for the formula?

• Add 1

• Subtract 1

• Multiply by 100

• Divide by 100

What does the 'T' in the exponential formulas represent?

• Tax rate

• Transaction number

• Time in years

• Total amount

Which of the following is NOT a keyword indicating growth?

• Decrease

• Interest

• Appreciate

• Doubles

What is the correct way to round money in the context of these problems?

• No rounding necessary

• To the nearest ten dollars

• To the nearest dollar

• To the nearest cent

What tool is necessary to calculate the exponent in the formula?

• A compass

• A protractor

• A calculator

• A ruler

In the context of exponential decay, what does a base below 1 indicate?

• No change

• Error in calculation

• Growth

• Decay

What keyword indicates a problem is about exponential decay?

• Double

• Increase

• Decrease

• Multiply