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Application On Exponential Function

This document provides examples of using exponential and logarithmic functions to model growth and decay scenarios. It introduces the basic exponential growth and decay formulas, where y = a(1+r)^t for growth and y = a(1-r)^t for decay. Several word problems are worked through as examples, such as calculating population growth over time given an initial population and growth rate, or finding the value of a depreciating asset like a car in future years. Logarithmic functions are also introduced and an example shows using logarithms to determine how long it will take for a quantity doubling over time, like an investment or population, to double in value.

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190 views24 pages

Application On Exponential Function

This document provides examples of using exponential and logarithmic functions to model growth and decay scenarios. It introduces the basic exponential growth and decay formulas, where y = a(1+r)^t for growth and y = a(1-r)^t for decay. Several word problems are worked through as examples, such as calculating population growth over time given an initial population and growth rate, or finding the value of a depreciating asset like a car in future years. Logarithmic functions are also introduced and an example shows using logarithms to determine how long it will take for a quantity doubling over time, like an investment or population, to double in value.

Uploaded by

nhb
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We take content rights seriously. If you suspect this is your content, claim it here.
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APPLICATION ON

EXPONENTIAL
FUNCTION
Any quantity that grows or decays by a
fixed percent at regular intervals is
said to possess exponential growth or
exponential decays .

Growth: Decay:

y = a (1+r) t
y = a (1-r) t
where:
a= initial amount before
measuring
growth/decay
r= grow/decay rate
Example 1:
The population of a certain city
has relative growth rate of 3% per
year. The population was 110,000
in 2000. Find the projected
population in the year 2005
Solution:
y = a (1+r) t

Given: a= 110,000
r= 3% or
0.03
y = 110,000 (1+0.03)5

y = 110,000 (1.03) 5

y = 127,520 projected
population after 5 years
Example 2: Suppose a certain
bacterium doubles every
minute, about how many
bacteria will there be after 8
minutes?
Solution:If an amount
doubles, the rate of increase is
100%
y = (1+1) 8

y= 2 8

y = 256 bacteria after


Example 3: In 2005 there were
1000 rabbits on an island . The
population grows 8% every
year. At this rate, how many
rabbits will there be on the
island by 2020?
Solution:
y = a (1+r) t

y = 1000 (1 + 0.08) 15

y= 3172 rabbits by
the year 2020.
Example 4: The
value of a new car in 2015
was $40,000. It depreciates
 

7% each year. How much will


the car be worth in 2024?
Solution:
y = a (1-r) t

y = 40, 000 (1 - 0.07) 9

y= 40,000(.093) 9

y= $20,816.44 the car be


worth in 2024
APPLICATION ON
LOGARITHMIC
FUNCTION
Example 1:
The number of ants in a nest
doubles every month. If there
are now 600 ants, about how
long will it take for their number
to grow to 9,600?
Solution:
A = Aₒ(1 +r) t

Given:
Aₒ= 600
r = 100%
 
A = 9600
9,600 = 600 (1 +1) t

9,600 = 600(2) t

600 600
16 = 2 t

2 =2
4 t

4=t it will take 4 months to


grow to 9,600
Example 2:
A certain town has a
population of 16,400 in 1990
and 20,200 in 2000. When
will the 1990 population be
doubled?
A = A oe
rt

AO = 16,400 A = 20,200
t = 10
  20,000 = 16400 e 10r

20,200 = e 10r

16,400
Solving for r
take the logarithm of each side
ln 20,000 = ln e 10r
16400

t≈ 3
the

r ≈ 0.0208 popula
tion
Solving for t
2= e 0.0208t

ln 2 = 0.028t ln e
ln 2 = 0.028t
ln 2 t ≈ 3 the population
will double by the year
0.0208 2023
Example 3. A $100
investment receives 5%
each year. After how many
years will the investment
have doubled?

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