Exponential
100
Growth
200
What is the a?
1
300
Is the a in the exponential formula the initial value or the decay factor?
y=a(1-r)x
initial value
400
What is the equation for exponential growth?
y=a(1+r)x
500
write an exponential growth equation including 12 as the initial value,20 as the rate, and 12% as the x.
y=12(1+.12)20