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Various Forms of Exponential Functions
Doubling M is the total number after time t. c is the initial amount at time t = 0. t is the time d is the doubling period Half-life M is the total number after time t. c is the initial amount at time t = 0. t is the time h is the half-life
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A = P(1 + i)n 1 Compound Interest
A is the final amount including interest and principal A = P(1 + i)n P is the original principal invested i is the interest rate per compounding period n is the number of compounding periods 1
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A(t) = c(a)x Exponential Function (General Form)
A is the total amount or number (at time t) c is the initial amount or number a is the growth factor or decay rate x is the number of growth or decay periods
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Applications of Exponential Functions
Example 1 Two people are sent an at 12 p.m. At 1:00 p.m. they send the to 3 people. At 2:00 p.m. they send the to each of 3 people. At 3:00 p.m. they send the to each of 3 people. etc, etc. hour 1 2 3 4 5 6 number of people 2 6 18 54 162 486 1458
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Equivalent expression
hour 1 2 3 4 5 6 number of people 2 6 18 54 162 486 1458 Hour People told Equivalent expression 1 2 3 4 5 6 2 2 2×3 6 2×32 18 54 2×33 162 2×34 486 2×35 1458 2×36 N = 2×3t
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A(t) = c(a)t , a > 1 Exponential Growth N = c(a)t
c = initial amount a = growth rate Example 2: A bacteria dish begins with 50 bacteria. If the doubling period is 1 hour, how many bacteria are there after (i) 5 hours? (ii) 10 hours? N = c(a)t (i) N = 50(2)t (ii) N = 50(2)10 = 50(2)5 = 50(1024) = bacteria = 50(32) = 1600 bacteria
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A(t) = c(a)t = 25(2)5 = 25(32) = 800 bacteria
Example 3: A bacteria dish begins with 25 bacteria. If the doubling period is 2 hours, how many bacteria are there after 10 hours? Solution 1: There are five doubling periods in 10 hours A(t) = c(a)t = 25(2)5 = 25(32) = 800 bacteria
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N = c(a)t 2 = 1(a)2 2 = a2 = 800 bacteria
Example (continued): A bacteria dish begins with 25 bacteria. If the doubling period is 2 hours, how many bacteria are there after 10 hours? Solution 2: If you start with one bacteria, there are after 2 hours. N = c(a)t 2 = 1(a)2 2 = a2 = 800 bacteria
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Determining the Growth Rate
Example 4: In the year 2000, the population of a town was people. In 2002, the population was What is the growth rate? What was the population in 1998? Let 1998 be the initial time period when t = 0. A(t)= c(a)t A(t) = c(a)t 28090 = c(1.06)2 28090 = c(a)2 = a2 31562 = c(a)4 (divide to find a) 25000 = c 1.06 = a
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The truck depreciates in value by 20% per year.
Exponential Decay A(t) = c(a)t , a < 1 c = initial amount a = decay rate Example 5: After 5 years, a $ truck is worth $ What is the decay rate? A(t) = c(a)t = 64000(a)5 0.80 = a The truck depreciates in value by 20% per year. = a5
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Ex. 6 The half-life of a substance is 4 hours
Ex.6 The half-life of a substance is 4 hours. How much of the substance will remain after (i) 12 hours (ii) 2 days if there were 64 grams at the start? (i) (ii) M = grams M = 8 grams
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Ex 7: A bacteria dish begins with 100 bacteria
Ex 7: A bacteria dish begins with 100 bacteria. After 5 hours there are 1600 bacteria. (i) What is the doubling period? (ii) Find the population after t hours. (iii) Determine the number of bacteria after 8 h. (i) the doubling period is 1.25 hours.
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Ex 7(con’d): A bacteria dish begins with 100 bacteria
Ex 7(con’d): A bacteria dish begins with 100 bacteria. After 5 hours there is 1600 bacteria. (i) What is the doubling period? (ii) Find the population after t hours. (iii) Determine the number of bacteria after 8 h. (iii) (ii) M = 100(2)6.4 = 100(84.44) = 8444 After 8 hours there will be 8444 bacteria.
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