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ANSWER:

This function is usually used to model the population growth, growth of bacteria, profit or the drop in the value of a product.  

When you express this function algebraically, it has a variable as an exponent.  The Parent Function of Exponential Function is:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

When you want to know the future population:

 

 

b shows two types of situations

 

 

GROWTH: b>1

DECAY: 0<b<1

 

HALF-LIFE

 is a key word when looking the bacterial growth.

 

"A measure of time that indicates how long it takes for a chemical substance to decrease to half of its original mass."

Also, there are restrictions:

Asymptote

is the horizontal/vertical line that would never touch the graph.

Hole

is where a point is unidentified.

When you express the equation using the table of values, both first and second differences are NOT constantly increasing.

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