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Flashcards from lecture notes on exponential growth and decay.
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In the formula Y = a(1 ± r)^t, 'a' represents the __.
starting amount
In the formula Y = a(1 ± r)^t, 'r' represents the __ (in decimal form).
rate
In the formula Y = a(1 ± r)^t, 't' represents __.
time
In the formula Y = a(1 ± r)^t, 'Y' represents __.
future amount
The equation Y = a(1±r)^t represents __ or decay.
exponential growth