Question

What are the parts of an exponential equation in standard form and what does each part of the equation represent (what does it tell us)?

Answer 1

See description below.

Explanation:

An exponential function has the form
`a*b^x`. The components have the following meaning:

• a is the principle or beginning amount.
• b is the base or rate at which it is increasing or decreasing
• x is the exponent on the base and often represents time in word problems. It tells how many times to multiply the base or rate by itself.