Exponents Functions

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Create the exponential function with the following attributes:

Asymptote: y = 0

Initial value: 3

Point on the graph: (2, 6)

Growth

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Does this function represent exponential growth or decay?

• exponential growth

• exponential decay

Does this function represent exponential growth or decay?

• exponential growth

• exponential decay

The Mendez family just bought a home for $180,000. If the value of the home increases by 3% per year, use an exponential function to find the value of the home after 10 years.

• $258,000

• $250,000

• $242,000

• $234,000

3³ ⋅ 3

• 3⁴

• 3³

• 3⁰

• 1 ⁄ 3⁴