MII.A-SSE.B.3.c

Use the properties of exponents to transform expressions for exponential functions. For example, the expression 1.15^t can be rewritten as (1.15^(1/12))^12t ≈ 1.012^12t to reveal the approximate equivalent monthly interest rate if the annual rate is 15%.

Example Problems
The brightness of a distant supernova decreases with time t (in hours) according to

By what factor is the brightness multiplied each hour?
The price of a cryptocurrency follows

where t is the time in hours since tracking began. What percent is added to the price each hour?
An insect population declines with time t (in years) according to

By what factor is the population multiplied each year?
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