Growth or Decay?
The population in the town of Huntersville is presently 38,300. The town grows at an annual rate of 1.2%. Find the number population of the town after 9 years.
Approximately 42,640 people
The horizontal asymptote of f(x)= 3(2)^x +4
$1,200 is invested at an annual rate of 3.2%. How much money will the account have after 12 years?
$1751.21
The a-value of an exponential function?
What is the y-intercept?
The y-intercept of 3(2)^x +4.
Don't forget transformations
What is 7?
Is the following growth or decay: f(x) = 7 (1-0.06)^x
What is decay?
Is the following growth or decay: f(x) = 350 (1+0.25)^x
What is growth?