Exponential Growth & Decay Formulas

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Pre-Calculus

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10 Terms

1
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Exponential Growth

A=P(1+r)^t

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Exponential Decay

A=P(1-r)^t

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Compounded Growth

A=P(1+r/n)^t*n

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Continuous Growth

A=Pe^rt

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A

=final value

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P

=initial value

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R

=growth rate (%) as a decimal

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N

=number of rate intervals in a year

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T

=time

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