Name: _____________________________________ Date: _________
exponential functions
Growth and Decay
Exponential Exponential
Growth Decay
𝑦 = 𝑎(1 + 𝑟)! 𝑦 = 𝑎(1 − 𝑟)!
time time
final amount original rate final amount original rate
amount amount
Ex: compound interest Ex: half-life
𝑟 "! rate ! time
𝐴 = 𝑃(1 + ) 𝐴 = 𝑃(0.5) "
𝑛
time
final amount original final amount original half-life
number of
amount times
amount
compounded
© Blessed Math Teacher, 2020
1. Spacetown has a population of 8,300 people in 2018. Each year the
population decreases by 12%.
• What is “a”? ______________________________________________
• What is “b”? ______________________________________________
• Write the function: ________________________________________
2. Chromium-21 has a half-life of 8 hours. A scientist has 283 grams of it.
How much is left after 40 hours? ____________________
3. You buy a house in Dallas, Texas in 2015 for $212,000. The value of your
house increases 4% each year.
• Write the function that models this situation. _________________
• What is the value of your house in 2025? _____________________
4. Sally put $200 into a savings account. The annual interest rate is 3.5% and
is compounded monthly.
• Write the function that models this situation.
______________________________________________
• How much will Sally have in her savings account after 7 years?
______________________________________________
5. Nitrogen-27 has a half-life of 30 seconds. There is a sample of 205 grams.
• Write the function that could be used to determine how much is
remaining after 5 minutes. ________________________________
• How much Nitrogen-27 is there after 5 minutes? _____________
6. In 2016, Flower Power Plants had $150,000 in sales. It continued to grow
by 8% each year. How much did Flower Power Plants have in sales in 2030?
______________________________
7. David deposited $550 into his bank account. It earns 2% annually and is
compounded quarterly. How much will he have in his account in 4 years?
______________________________________
© Blessed Math Teacher, 2020
Name: __ANSWER KEY_________________________ Date: _________
exponential functions
Growth and Decay
Exponential Exponential
Growth Decay
𝑦 = 𝑎(1 + 𝑟)! 𝑦 = 𝑎(1 − 𝑟)!
time time
final amount original rate final amount original rate
amount amount
Ex: compound interest Ex: half-life
𝑟 "! rate ! time
𝐴 = 𝑃(1 + ) 𝐴 = 𝑃(0.5) "
𝑛
time
final amount original final amount original half-life
number of
amount times
amount
compounded
© Blessed Math Teacher, 2020
1. Spacetown has a population of 8,300 people in 2018. Each year the
population decreases by 12%.
• What is “a”? 8,300
• What is “b”? 0.12
• Write the function: 𝑦 = 8,300(0.88)!
2. Chromium-21 has a half-life of 8 hours. A scientist has 283 grams of it.
How much is left after 40 hours? 8.84 g
3. You buy a house in Dallas, Texas in 2015 for $212,000. The value of your
house increases 4% each year.
• Write the function that models this situation. 𝑦 = 212,000(1.04)!
• What is the value of your house in 2025? $313,811.79
4. Sally put $200 into a savings account. The annual interest rate is 3.5% and
is compounded monthly.
.$%& '(!
• Write the function that models this situation. 𝑦 = 200(1 + )
'(
• How much will Sally have in her savings account after 7 years? $255.43
5. Nitrogen-27 has a half-life of 30 seconds. There is a sample of 205 grams.
• Write the function that could be used to determine how much is
!
remaining after 5 minutes. 𝑦 = 205(0.5) "
• How much Nitrogen-27 is there after 5 minutes? 0.2 g
6. In 2016, Flower Power Plants had $150,000 in sales. It continued to grow
by 8% each year. How much did Flower Power Plants have in sales in 2030?
$440,579.04
7. David deposited $550 into his bank account. It earns 2% annually and is
compounded quarterly. How much will he have in his account in 4 years?
$595.69
© Blessed Math Teacher, 2020
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