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### 6 Cards in this Set

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