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6 Cards in this Set
- Front
- Back
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A situation modeled with a function of the form
y = a(b)^x, where a > 0 and b > 1. |
Exponential Growth
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The number b in an exponential growth function of the form y = a(b)^x, where b > 1.
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Growth Factor
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Interest paid on both the principal and the interest that has already been paid.
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Compound Interest
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The length of time over which interest is calculated.
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Interest Period
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A situation modeled with a function of the form
y = a(b)^x, where a > 0 and 0 < b < 1. |
Exponential Decay
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The base b in the exponential function
y = a(b)^x, where 0 < b < 1 |
Decay Factor
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