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Exponential Growth & Decay
1 Exponential Growth 2 Exponential Decay 3 Practice Problems
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Definitions Exponential Growth
As the value of x increases, y increases Exponential Decay As the value of x increases, y decreases
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Exponential Growth
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Exponential Decay
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Another Model for Exponential Growth & Decay
Time Final Amount Rate of: Growth (r>0) Decay (r<0) Initial Amount
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Growth Example You Invested $1000 in a savings account at the end of 6th grade. The account pays 5% annual interest. How much money will be in the account after 6 years?
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Decay Example A company purchased $10,000 in equipment that has a depreciation rate of 5.5%. What will be the depreciated value of the equipment after 10 years?
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