MA.912.AR.5.5

Given an expression or equation representing an exponential function, reveal the constant percent rate of change per unit interval using the properties of exponents. Interpret the constant percent rate of change in terms of a real-world context.

Example Problems
Amira's monthly rent is dollars.

Her landlord raises it by
10%.

Write two equivalent expressions that could represent her new monthly rent.
Arjun's utility bill goes up by 12%.

If the previous bill was
dollars, write two equivalent expressions that could represent the new bill amount.
The brightness of a distant supernova decreases with time t (in hours) according to

By what factor is the brightness multiplied each hour?
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