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an exponential growth function describes an amount that increases exponentially over time.

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An exponential growth function actually describes a quantity that increases exponentially over time, with the rate of increase proportional to the current value of the quantity, resulting in rapid growth. The formula for an exponential growth function is y = a * (1 + r)^t, where 'a' is the initial quantity, 'r' is the growth rate, and 't' is time.

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Q: An exponential growth function describes an amount that decreases exponentially over time?
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