|
Exponential Function y=a(b)t |
Growth or Decay? |
Initial Value a |
Growth/Decay Factor b |
Growth/Decay Rate, r (as a decimal) |
Growth/Decay Rate, r (as a %) |
|
f(x)=120(1.2)x |
Growth |
120 |
1.2 |
0.2 |
2% |
| p(t)=32(1.075)t | Growth | 32 | 1.075 | 0.075 | 7.5% |
| g(x)=50(0.98)x | Decay | 50 | 0.98 | 0.02 | 2% |
| h(t)=72(0.80)t | Decay | 72 | 0.80 | 0.80 | 80% |