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CPM Course 3 - Chapter 8
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Terms in this set (17)
base of an exponent
the number that is to be used as a factor some number of times as indicated by the exponent
Commutative Property of Multiplication
if two terms are being multiplied, the order can be reversed with no effect on the result
compound interest
interest that is paid on both the principal and the previously accrued interest
exponent
the number indicating how many times to use the base as a multiplier
exponential function
a function that has an equation of this form (y = ab^x + c)...where "a" is the initial value, "b" is positive and is the multiplier, and y = c is the equation of the horizontal asymptote
exponential growth
growth that occurs very fast, and can be modeled by an exponential function...such as compound interest
factor
a number (or expression) that can be multiplied by another to get a product...the process of rewriting an expression written as a sum into an equivalent expression written as a product
function
a relation in which for each input value there is one and only one output value
interest
an extra amount of money paid for the privilege of borrowing an initial amount of money...an amount paid which is a percentage of an initial value (principal).
linear equation
an equation in two variables whose graph is a line
linear function
a function where the data points line up in a straight line
linear growth
growth showing constant change...such as simple interest
period
with regards to compound interest...the length of TIME for which interest is accrued
principal
an initial value (amount of money)...such as an investment or an amount of borrowed money
relationship
the way in which two or more variables are related
scientific notation
when a number is expressed in this form (a x 10^n), where "a" is between 1 and 10, and "n" is an integer
simple interest
interest paid on the principal alone
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