If something increases at a constant rate, you may have exponential growth on your hands. In this tutorial, learn how to turn a word problem into an exponential growth function. Then, solve the function and get the answer!
If something decreases in value at a constant rate, you may have exponential decay on your hands. In this tutorial, learn how to turn a word problem into an exponential decay function. Then, solve the function and get the answer!
Exponential functions often involve the rate of increase or decrease of something. When it's a rate of increase, you have an exponential growth function! Check out these kinds of exponential functions in this tutorial!
If you already have a bank account or if you plan to have one in the future, then this tutorial is a must see! Follow along as this tutorial goes through a word problem involving compound interest.
Things like bank accounts, loans, investments, and mortgages are a part of life, and almost always, interest is involved. Sometimes, you need to deal with compound interest, so it would be good to know the formula for it! In this tutorial, you'll see the formula for compound interest. Take a look!