# Exponential Functions: Exponential Growth

This packet helps students understand how exponential growth works. Each page starts with easier problems that get more difficult as students work through the packet. After doing all 27 problems, students should be more comfortable doing these problems and have a clear understanding of how to solve them.

Simple: *Identify the initial amount and growth factor in the following exponential functions.* y = 100(1+.03) ^{x}

Advanced: *Write an exponential function to model the each of the following situations. Make sure to tell what each variable represents.* A salary of $45,000 increases 8% every 2 years

Practice problems require knowledge of exponents.