Exponential Growth, y=a(1+r)x, y=2(3)x, y=3.25(6/5)x, Exponential Decay, y=a(1-r)x, y=4(.25)x, y=4(3/4)x, Growth/Decay Factor, b=1+r, b in y=a(b)x, b=1-r, common ratio, Initial Value, The starting point., Principal Amount, 2.3 in y = 2.3(2)x, a in y=a(b)x, The P in P(1+r/n)nt, Growth/Decay Rate, r, It can be written as a percentage or decimal., b-1, -b+1

Exponential Function Vocabulary

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