This math topic covers the application of exponential functions to solve real-world scenarios involving growth. It focuses on computing the future value of populations, account balances, or debt, applying the formula for exponential growth given initial values and constant growth rates over discrete time intervals. The problems cater to the calculation of rabbit population growth, savings account interest accumulation, and credit card debt increase. Each question involves determining the final value after a specified number of time periods with given annual or monthly growth rates.
Work on practice problems directly here, or download the printable pdf worksheet to practice offline.
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