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Exponential Word Problems

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This video is for the redesigned SAT which is for you if you are taking the SAT in March 2016 and beyond.

Exponential Word Problems - Basic Example
A cable company with a reputation for poor customer service is losing subscribers at a rate of approximately 3% per year. The company had 2 million subscribers at the start of 2014.
Assume that the company continues to lose subscribers at the same rate, and that there are no new subscribers. Which of the following functions, S, models the number of subscribers (in millions) remaining t years after the start of 2014?
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