Exponential Growth with Positive Initial Amount
- Author:
- BenMorris
Exponential growth as a function of time with adjustable rate (0 < rate < 1) and initial amount (greater than 0).
f(time) = InitialAmount*(1 + rate)^time
1. What happens to the graph as you increase the rate? Be specific.
2. Set InitialAmount = 0. Adjust rate up and down. What happens?