Rewrite Exponential
Expressions
Learn how to use the properties of exponents to transform exponential functions and reveal hidden rates like monthly interest from annual growth.
What Is an Exponential Expression?
An exponential expression has the general form \( a \cdot b^t \), where \( a \) is the initial value, \( b \) is the base (growth or decay factor), and \( t \) is the exponent representing time or another variable.
Why Rewrite Exponential Expressions?
The same exponential function can be expressed in different but equivalent forms. Rewriting lets you reveal information that is hidden in the original expression.
Visualizing Exponential Growth
The Power of a Power Rule
The key property that makes all of this work:
This identity is a direct consequence of the exponent rule \( (x^a)^b = x^{ab} \). By choosing \( n \) to match a desired time unit, we can convert any exponential expression to a new period.
The Rewrite Template
To rewrite \( a \cdot b^t \) in terms of \( n \) sub-periods per original period:
Rewriting vs. Re-Compounding
These two ideas look similar but are fundamentally different:
| Rewriting (This Lesson) | Re-Compounding | |
|---|---|---|
| What changes? | Only the form of the expression | The value of the function changes |
| Are they equal? | Yes: exact same function | No: different function entirely |
| Example | \( 1.15^t = (1.15^{1/12})^{12t} \) | \( (1 + 0.15/12)^{12t} \) |
| Rate relationship | Equivalent rate derived from original | Nominal rate divided equally |
How to Apply the Rewrite
Example 1: Annual → Monthly
Rewrite \( 1.15^t \) to reveal the approximate monthly growth factor.
Example 2: Annual → Quarterly
A population grows by \( P(t) = 500 \cdot 1.08^t \), where \( t \) is in years. Find the quarterly growth factor.
Example 3: Decay → Daily Rate
A radioactive substance decays by \( M(t) = 200 \cdot 0.94^t \) (years). Find the daily decay factor.
Going the Other Direction
You can also rewrite from smaller to larger time units. If you know the monthly factor, you can find the annual factor.
If something grows by a factor of \( 1.005 \) each month, the annual factor is:
The Conversion Flowchart
Common Mistakes
Summary of Key Conversions
| Original | Target Unit | Periods (\(n\)) | New Form |
|---|---|---|---|
| \( b^t \) (annual) | Monthly | 12 | \( (b^{1/12})^{12t} \) |
| \( b^t \) (annual) | Quarterly | 4 | \( (b^{1/4})^{4t} \) |
| \( b^t \) (annual) | Weekly | 52 | \( (b^{1/52})^{52t} \) |
| \( b^t \) (annual) | Daily | 365 | \( (b^{1/365})^{365t} \) |
| \( b^m \) (monthly) | Annual | 12 | \( (b^{12})^{t} \) |
Question 1 of 5
Which expression is equivalent to \( 1.15^t \) and reveals the approximate monthly growth factor?
Question 2 of 5
A function is given by \( f(t) = 300 \cdot 1.06^t \), where \( t \) is in years. What is the approximate quarterly growth rate?
Question 3 of 5
A substance decays according to \( A(t) = 80 \cdot 0.90^t \) (years). Which rewrite reveals the daily decay factor?
Question 4 of 5
If a stock grows by a factor of \( 1.003 \) each week, what is its approximate annual growth rate?
Question 5 of 5
Why does rewriting \( b^t \) as \( (b^{1/n})^{nt} \) produce an equivalent expression?