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Jada receives a gift of \$180. In the first week, she spends a third of the gift money. She continues spending a third of what is left each week thereafter. Which equation best represents the amount of gift money , in dollars, she has after weeks? Be prepared to explain your reasoning.
Each of the functions , , and represents the amount of money in a bank account, in dollars, as a function of time , in years. They are each written in form .
Here are equations defining functions , , and . They are also written in the form .
Match each equation with a graph. Be prepared to explain your reasoning.
Functions and are defined by these two equations: and .
An exponential function can give us information about a graph that represents it.
For example, suppose that function represents a bacteria population hours after it is first measured, and . The number 5,000 is the bacteria population measured, when is 0. The number 1.5 indicates that the bacteria population increases by a factor of 1.5 each hour.
A graph can help us see how the starting population (5,000) and growth factor (1.5) influence the population. Suppose functions and represent two other bacteria populations and are given by and . Here are the graphs of , , and .
All three graphs start at , but the graph of grows more slowly than does the graph of , while the graph of grows more quickly. This makes sense because a population that doubles every hour is growing more quickly than one that increases by a factor of 1.5 each hour, and both grow more quickly than a population that increases by a factor of 1.2 each hour.