📌 An exponential growth function has base b>1, whereas an exponential decay function has base 0<b<1.
Growth uses b > 1, whereas decay uses 0 < b < 1.
★ Must-know
📐 Formula — Exponential growth can be modeled by , where A(t) is the amount after t time periods, a is the initial amount, and r is the percent increase per period.
📐 Formula — Exponential decay with an initial amount a and a decay rate r can be modeled by .
Further detail
1. Which expression represents an exponential function in which the variable appears in the exponent?
2. What is the defining characteristic of an exponential function?
3. What condition on the base indicates exponential decay for a function of the form ?
What is the general form of an exponential function?
where b is a constant base and x is the exponent.
Exponential Function Base Label
b > 1 for growth, 0 < b < 1 for decay
What base values define exponential growth and decay functions?
Growth has base ; decay has base .
Asymptote of Exponential Graph
Horizontal line y=0
What formula models exponential growth with initial amount a and rate r?
models exponential growth.
Growth Model Formula
A(t)=a(1+r)^t
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