Garrett Joseph, Section 3.2, 3/12 Objective 1: Two types of exponential functions: Growth and Decay Objective 2: n/a Objective 3: simple interest = Prt, p= principle r= interest rate t= time in years compound interest = P(1+r/n)^nt n= # of times the interest is compounded per year A = pe^rt = future value of account after t years of continuous compounding Objective 4: n/a