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Exponential Equation
An equation in which a variable appears in the exponent, showing the rate of growth or decay.
Exponential Model
A mathematical representation of a situation where growth or decay rate is proportional to the current value, leading to rapid increases or decreases.
Depreciated Value
The reduced value of an asset after accounting for depreciation over time, typically used for tax and accounting purposes.
Half-Life
A term primarily used in chemistry and physics to describe the time required for a quantity to reduce to half its initial value. This concept is widely applied in nuclear physics to describe the decay rate of radioactive substances.
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