4.7 November-23-14 8:04 PM Ch 4.7 - Applications Involving Exponential Functions Recall that exponential growth occurs for y=bx when the graph __________ and the value of b is _____________ and exponential decay occurs when the graph ___________ and the value of b is __________________ If the growth rate is given, add the decimal to 1 to find the base. Ex 1 The population of a province is 35000 in 1996 and has grown at an annual rate of 8%. What is the equation? If the decay rate is given, subtract the decimal from 1 to find the base. Ex 2 A new car costs $24000, it loses 18% of it's value each year. What is the equation? The number to multiply your exponential by is the initial value. Ex 3 Given the following data, determine the equation. Year 0 1 2 3 4 Population 400 480 576 691 829 What is the population after a growth period of 30 months? Ex 4 The half-life of a compound is the time it takes for the amount to be half the original value. For 200g of polonium-210, with half-life of 138 days is M(t) = 200(1/2)t/138 Determine the mass after 5 years. MCR3U Page 1 Homework: page 261 #1, 3, 7, 9, 10, 12, 16 MCR3U Page 2
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