Growing
Decaying
common ratio
initial value
end value
slope
Exponential Growth
Exponential Decay
30%
70%
130%
Use parentheses for multiplication.
intitial value
years
The function models exponential growth.
200 represents the amount of money Jordan put in his savings account in the beginning.
The rate of decay is 2 percent.
Jo ordan has $208.08 after the first month of his savings account.
At the end of 4 months, Jordan will have more than $220 in savings.