CPM Homework Banner

Home > PC > Chapter 8 > Lesson 8.1.3 > Problem 8-46


Recall that an exponential function, with the -axis as an asymptote, can be expressed as where is the initial value and is the multiplier. Find the initial value, the multiplier, and the time units in each of the following situations.  

  1. Bread costs now and is increasing in price by each month.

    Initial value , multiplier , time is in months.

  2. A car is worth now and is depreciating in value by each year.

    Multiplier will be down from .

  3. Bacteria grow at a rate of every hour. There are currently .

  4. A investment earns interest every month.