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In this lesson, you will learn to write an exponential growth function modeling a percent of increase situation by interpreting the percent of increase.

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Presentation on theme: "In this lesson, you will learn to write an exponential growth function modeling a percent of increase situation by interpreting the percent of increase."— Presentation transcript:

1 In this lesson, you will learn to write an exponential growth function modeling a percent of increase situation by interpreting the percent of increase as a growth factor.

2 review: exponential growth functions

3 review: exponential growth functions
Exponential growth happens by repeated multiplication by the same number.

4 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory.

5 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory.

6 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟎 𝐰𝐞𝐞𝐤𝐬, 𝟏 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

7 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟏 𝐰𝐞𝐞𝐤𝐬, 𝟐 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

8 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟒 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

9 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟑 𝐰𝐞𝐞𝐤𝐬, 𝟖 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

10 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟒 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟔 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

11 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟓 𝐰𝐞𝐞𝐤𝐬, 𝟑𝟐 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

12 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. (𝟔 𝐰𝐞𝐞𝐤𝐬, 𝟔𝟒 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

13 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory.

14 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. The growth factor is 2.

15 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria.

16 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria.

17 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. (𝟎 𝐰𝐞𝐞𝐤𝐬, 𝟐𝟓 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

18 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. (𝟏 𝐰𝐞𝐞𝐤𝐬, 𝟓𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

19 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

20 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

21 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. The initial value is 25. (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

22 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. 𝑥 𝑦 (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

23 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began 𝒙 𝑦 (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

24 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝑥 𝒚 (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

25 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝑥 𝑦 (𝟐 𝐰𝐞𝐞𝐤𝐬, 𝟏𝟎𝟎 𝐛𝐚𝐜𝐭𝐞𝐫𝐢𝐚)

26 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity (𝟐, 𝟏𝟎𝟎)

27 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝒚=( ) ( ) 𝒙 initial value growth factor (𝟐, 𝟏𝟎𝟎)

28 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝒚=( ) ( ) 𝒙 initial value growth factor (𝟐, 𝟏𝟎𝟎)

29 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝒚=( ) ( ) 𝒙 initial value 2 (𝟐, 𝟏𝟎𝟎)

30 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝒚=( ) ( ) 𝒙 initial value 2 (𝟐, 𝟏𝟎𝟎)

31 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝒚=( ) ( ) 𝒙 25 2 (𝟐, 𝟏𝟎𝟎)

32 review: exponential growth functions
A certain species of bacteria will double in population each week in a laboratory. Suppose you initially have 25 specimens of this bacteria. Let x = number of time periods since growth began Let y = amount of the growing quantity 𝒚=(𝟐𝟓) (𝟐) 𝒙 (𝟐, 𝟏𝟎𝟎)

33 𝒚=(𝟐𝟓) (𝟐) 𝒙 (𝟐, 𝟏𝟎𝟎)

34 𝒚=(𝟐𝟓) (𝟐) 𝒙 (𝟐, 𝟏𝟎𝟎)

35 𝒚=(𝟐𝟓) (𝟐) 𝒙 (𝟐, 𝟏𝟎𝟎)

36 𝒚=(𝟐𝟓) (𝟐) 𝟐 (𝟐, 𝟏𝟎𝟎)

37 𝒚=(𝟐𝟓) (𝟐) 𝟐 (𝟐, 𝟏𝟎𝟎)

38 𝒚=(𝟐𝟓) (𝟐) 𝟐 (𝟐, 𝟏𝟎𝟎)

39 𝒚=(𝟐𝟓) (𝟐) 𝟐 (𝟐, 𝟏𝟎𝟎)

40 interpreting a percent of increase as a growth factor

41 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year.

42 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%?

43 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%?

44 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 1

45 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 1 2 3

46 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 1

47 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1

48 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1

49 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 0.03 3%=0.03

50 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1

51 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1

52 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1

53 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 0.03 3%=0.03 1

54 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 0.03 3%=0.03 1

55 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 0.03 3%=0.03 1

56 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 0.03 3%=0.03 1

57 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 0.03 3%=0.03 1

58 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1 0.03

59 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1 0.03

60 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1+0.03

61 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1.03

62 interpreting a percent of increase as a growth factor
The amount of money in your savings account increased by 3% last year. What does it mean to grow by 3%? 3%=0.03 1.03 is the growth factor!

63 an example

64 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

65 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

66 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

67 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. Growth factor:

68 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. Growth factor: 1.02

69 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. Growth factor: 1.02

70 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. Growth factor: 1.02 Initial value: 300

71 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. Growth factor: 1.02 Initial value: 300

72 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. Growth factor: 1.02 Initial value: 300

73 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. 𝒚=( ) ( ) 𝒙 initial value growth factor Growth factor: 1.02 Initial value: 300

74 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. 𝒚=( ) ( ) 𝒙 initial value Growth factor: 1.02 Initial value: 300

75 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. 𝒚=( ) ( ) 𝒙 initial value Growth factor: 1.02 Initial value: 300

76 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. 𝒚=( ) ( ) 𝒙 Growth factor: 1.02 Initial value: 300

77 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables. 𝒚=( ) ( ) 𝒙 Growth factor: 1.02 Initial value: 300

78 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

79 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

80 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

81 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

82 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

83 an example A certain savings account pays 2% interest per year. You open one of these accounts and put $300 into the account. Assume you do not take out or put in any money from the account after the initial $300. Write a two-variable equation modeling the situation. Be sure to define the variables.

84 Now you know how to write an exponential growth function modeling a percent of increase situation!


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