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Objective - To solve problems involving exponential growth or decay functions.
A colony of 10,000 ants can increase by 15% in a month. How many ants will be in the colony after 1 year?
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A baby weighing 7 pounds at birth may increase
in weight by 11% per month for the first 12 months. How much will the baby weigh after 1 year?
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A deposit of $1500 in an account pays
interest compounded annually. How much will be in the account after 8 years?
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A population of 10 hamsters will triple every
year for 4 years. What will be the population after 4 years? Percent Increase Growth Factor Population is 200% more than last year. Population is 3 times as much as last year.
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Exponential Decay Functions
A radioactive material decays at 10% per year. How much of the 12 pound material will be left after 20 years?
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A car purchased for $24,500 will depreciate at a
rate of 18% per year for the first 6 years. Write an equation and graph over the first 6 years. $30,000 $20,000 $10,000
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Compare Growth and Decay Models
Exponential Growth Exponential Decay $100 growth at 10% for 5 years. $100 depreciate at 10% for 5 years. 160 140 120 100 80 60 40 20 160 140 120 100 80 60 40 20
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Classify each as exponential growth or
exponential decay. 1) 4) Exponential Growth Exponential Decay 2) 5) Exponential Growth Exponential Decay 3) 6) Exponential Growth Exponential Growth
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Find the value of a downtown office building that
cost 12 million dollars to build 20 years ago and depreciated at 9% per year.
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