Chapter 8 Flashcards

0
Q

When a>0 and 0<b><1, the function y=ab^x is represented. When this happens, it decreases by the same percent over equal time periods. The model is as follows: y=a(1-r)^t.</b>

A

Exponential decay.

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1
Q

Interest that is weaned on both an initial investment and in previously earned interest.

A

Compound interest

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2
Q

A function of the form y=ab^x where a does not equal zero, b>0, and b does not equal 1.

A

Exponential function.

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3
Q

When a>0 and b>1, the function y=ab^x represents this. When a quantity grows exponentially, it increases by the same percent over equal time periods. The model is as follows. Y=a(1+r)^t.

A

Exponential growth.

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4
Q

The power of 10 nearest the quantity.

A

Order of magnitude.

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5
Q

A number in the form of Cx10n where 1<10 and n is an integer.

A

Scientific notation

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