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Algebra 95 - Introduction to Exponential functions
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The exponential function is one of the most important functions in mathematics. Exponential functions consist of a constant, called the "base" of the function, with a variable exponent. Exponential functions are frequently used in many areas of business and science, and are commonly encountered in banking and investing to calculate compound interest and return on investments. This lecture introduces the concept of an exponential function and discusses some of its most important properties.
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