The population in the town of Huntersville is presently 38,300. The town grows at an annual rate of 1.2%. Find the number of years it takes for the population to grow to 42,500.
What is approximately 9 years
Use y = 250(1.2)^t What is the y-intercept?
What is 250
Write an exponential growth function to model the situation. A population of 422,000 increases by 12% each year.
What is y= 422,000(1.12)^t
When a thing gets very large very quickly.
What is Exponential Growth
Use y = 250(1.2)^t What is the growth factor?
What is 1.2
This is the factor by which the equation grows or decays?
What is the Growth factor
Use y = 250(1.2)^t What is the growth rate?
What is 20%
This is also called the INPUT VALUE...
What is (t) or time value
y = 9.8(1.35)^t What is the growth factor?
What is 1.35
This means the same as the ending amount or
Y -values.
What is the OUTPUT?
y = 9.8(1.35)^t What is the growth rate?
What is 35%
The beginning amount is also known as.
What is the INITIAL AMOUNT or y - intercept?