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Exponential Growth and Decay
We’ve had some experience dealing with exponential functions, but this chapter takes what we know and puts it in a real-world context
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Exponential growth and decay are rates; that is, they represent the change in some quantity through time. Exponential growth is any increase in quantity over time, while exponential decay is any decrease in quantity over time.
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N(t) = N0ekt (exponential growth) or N(t) = N0e-kt (exponential decay)
where: N0 is the initial quantity t is time N(t) is the quantity after time t k is a constant not equal to zero, and ex is the exponential function
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Can you think of a familiar example?
Exponential growth is also called the Law of uninhibited growth, and can be used with any variable for your initial and ending quantities. For example : A = A0ekt Can you think of a familiar example?
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Some examples that follow the law of uninhibited growth:
interest compounded continuously (A = Pert) cell and bacterial growth - population growth
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Let’s go through an example:
A colony of bacteria grows according to the law of uninhibited growth according to the function N(t) = 100e0.045t, where N is measured in grams and t is measured in days.
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a) Determine the initial amount of bacteria
N(t) = 100e0.045t a) Determine the initial amount of bacteria
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b) What is the growth rate of the bacteria?
N(t) = 100e0.045t b) What is the growth rate of the bacteria?
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c) Graph the function using a graphing utility
N(t) = 100e0.045t c) Graph the function using a graphing utility
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d) What is the population after five days?
N(t) = 100e0.045t d) What is the population after five days?
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e) How long will it take for the population to reach 140 grams?
N(t) = 100e0.045t e) How long will it take for the population to reach 140 grams?
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f) What is the doubling time for the population?
N(t) = 100e0.045t f) What is the doubling time for the population?
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Ready to try some problems?
Homework: p. 334/ 1-4
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