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FOCA_6.1
Vocabulary for FOCA_6.1
| Term | Definition |
|---|---|
| base | The number that is a repeated factor when written with an exponent. |
| horizontal asymptote | A horizontal line that a graph approaches as |x| gets larger and larger without bound. |
| x-intercept | A point where a graph intersects the x-axis. |
| y-intercept | A point where a graph intersects the y-axis. |
| compound interest | The interest paid on the original principal and on the accumulated past interest. |
| growth | Exponential growth is exhibited when the rate of change—the change per instant or unit of time—of the value of a mathematical function is proportional to the function's current value, resulting in its value at any time being an exponential function of time, i.e., a function in which the time value is the exponent. |
| decay | Exponential decay describes the process of reducing an amount by a consistent percentage rate over a period of time and can be expressed by the formula y=a(1-b)^x wherein y is the final amount, a is the original amount, b is the decay factor, and x is the amount of time that has passed. |