6)Applications - Exponential Growth, Decay, & Interest




Formulas to remember:  Practice with these formulas on regentsprep
Compound Interest
(when $ is compounded quarterly, anually, etc)

Continuously Compounded Interest

General Growth & Decay
ex. depreciation of a car
y = a{b^x}
 Bacterial Growth
 & Decay (Half-life)
y = {y_0}{e^{kt}}

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