1.

) In a negative exponent, you must change the sign of the exponent to positive and then
take the reciprocal of the term. In a fractional exponent, you use the numerator for the
power of in which the number should take and the denominator for the root taken.
2.) A company’s profit increases 15% each month. They started out with $20,000. How
much profit do they have after 3 months? ( Equation: f(x)= 20,000(1+.15)^3 ). A book’s
value decreases 5% after each year it was published. The book is currently valued at $30.
What is it’s value after 10 years? ( Equation: f(x)= 30(1-0.05)^10 )