Intro to Exponential Functions. Lesson 3.1. Contrast. View differences using spreadsheet. Contrast. Suppose you have a choice of two different jobs at graduation Start at $30,000 with a 6% per year increase Start at $40,000 with $1200 per year raise Which should you choose?
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View differences using spreadsheet
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Fill in the rest of the table
What is the growth factor?
Growth Factor = 0.85
Note: when growth factor < 1, exponential is a decreasing function
View results of B>1, B<1 with spreadsheet