Exponential Functions (6.3)

Question 1

What is the general graph of b < 1?

Answer 1

It includes three points that are (-1, 1/b), (0,1), and (1,b)

Question 2

What is the general graph of b > 1?

Answer 2

It includes two points that are (0,1) and (1,b)

Question 3

What is the exponential function formula?

Answer 3

f(x)=a*b^x

Question 4

What is the compound interest formula?

Answer 4

A(t)=P(1+r/n)^nt

Question 5

What do the exponents of the compound interest formula (A(t)=P(1+r/n)^nt) mean?

Answer 5

P = principle ($)
r = interest rate (no unit)
n = number of times to compound per year