What is an exponential function?
Exponential Functions and Logarithms Flashcard Review

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Mathematics
•
9th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
2.
FLASHCARD QUESTION
Front
What does APR stand for in finance?
Back
APR stands for Annual Percentage Rate, which is the annual rate charged for borrowing or earned through an investment, expressed as a percentage.
3.
FLASHCARD QUESTION
Front
How do you calculate the present value of an investment compounded continuously?
Back
4.
FLASHCARD QUESTION
Front
What is the formula for compound interest compounded daily?
Back
5.
FLASHCARD QUESTION
Front
What is the effective interest rate?
Back
The effective interest rate is the interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest.
6.
FLASHCARD QUESTION
Front
How do you find the value of an exponential function at a specific point?
Back
7.
FLASHCARD QUESTION
Front
What is the significance of the base in an exponential function?
Back
The base of an exponential function determines the rate of growth or decay. If the base is greater than 1, the function represents exponential growth; if it is between 0 and 1, it represents exponential decay.
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