Exponential Growth and Decay

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What is Exponential Growth?

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What is Exponential Decay?

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What is the difference between Linear Growth and Exponential Growth?

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Linear Growth increases by a constant amount over time, while Exponential Growth increases by a constant percentage, leading to much larger values over the same period.

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What is the formula for Exponential Growth?

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What is the formula for Exponential Decay?

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How can you identify Exponential Growth in a graph?

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In a graph, Exponential Growth appears as a curve that rises steeply, becoming steeper over time, while Linear Growth appears as a straight line.

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How can you identify Exponential Decay in a graph?

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In a graph, Exponential Decay appears as a curve that falls steeply, becoming less steep over time, while Linear Decay appears as a straight line.

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What does the variable 'a' represent in the exponential formulas?

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In the exponential formulas, 'a' represents the initial amount or value before growth or decay occurs.

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What does the variable 'r' represent in the exponential formulas?

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In the exponential formulas, 'r' represents the growth or decay rate expressed as a decimal.

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What does the variable 't' represent in the exponential formulas?

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In the exponential formulas, 't' represents the time period over which growth or decay occurs.