Write an exponential growth function to model the situation. A population of 422,000 increases by 12% each year.
What is y = 422000(1.12)^t
In the growth model below, what is the initial amount?
y=2000(1+.04)^t
2000
Does the graph represent exponential growth, exponential decay, or a linear model?
Exponential growth
Does the equation y = 4x represent exponential growth or exponential decay?
Exponential growth because the base is "4" and that is bigger than 1!
In an exponential equation, if the base "b" is bigger than 1, then the graph will display exponential decay.
False! If the base "b" is greater than 1, then it will be exponential growth!
A total of 50,000 contestants participate in an Internet online survivor game. The game randomly kills off 20% of the contestants each day.
Write an exponential decay functions that represents the population after t days.
y=50,000(.8)^t
In the decay model below, what is the rate(%) of decay?
y=2000(1-.6)^t
60%
Does the graph represent exponential growth or exponential decay?
Exponential decay
In an exponential equation, if the base "b" is between 0 and 1, then the graph will display exponential decay.
True! If "b" is between 0 and 1, the graph will be an exponential decay graph!
The value of a new car is $25,000. The value decreases by 5% each year. Write a function that represents the value of the car after t years.
y=25,000(.95)^t
In the growth model below, what is the time in years?
y=75000(1.3)^5
5 years
Does the graph represent exponential growth or exponential decay or neither?
Neither (It's a logarithmic function)
The value of a car is an example of a situation that would display exponential growth.
False; The value of a car decreases exponentially over time, so it would be exponential decay!
At the end of last year, the population of a town was approximately 75,000 people. The population is growing at a rate of 2.4% each year.
Write an exponential growth function that represents the number of contestants after t years.
y=75,000(1.024)^t
You must answer BOTH PARTS:
a) Does this model represent growth or decay?
b) In the model below, what is the rate(%)?
y=3500(.75)^t
a) decay
b) 25%
Does the graph represent exponential growth, exponential decay, or a linear model?
Linear Model
The population of NYC is an example of exponential growth
True!