December 13, 2016 6-3: Real World Applications Growth/Decay Objectives: I can determine the difference between exponential growth and decay from an equation or graph I can calculate exponential growth and decay Vocab: growthdecay- December 13, 2016 Exponential Growth vs. Decay Determining whether growth or decay from an equation: December 13, 2016 Statewhetherthefollowingequationsaregrowthordecay December 13, 2016 Practice converting between decimals and percents: 20% : ________ 0.39 : ________ 150% : _______ 1.23 : ________ 4% : _________ 0.56 : _________ 9.3% : ________ 0.034 : ________ 1% : _________ 0.05 : _________ 0.2% : ________ 0.003 : ________ 0.06% : _______ 0.0008 : _______ December 13, 2016 Theequationthatmodelsexponentialgrowth/decayis: a r y t December 13, 2016 Identifythefollowingsituationsasgrowthordecay: a)In2008thetownof@latcreekhadapopulationofabout280,000andagrowth rateof0.85%peryear. b)Duringaneconomicrecession,acharitableorganizationfoundthatitsdonations droppedby1.1%peryear.Beforetherecession,itsdonationswere$390,000. c)In2000,2200studentsattendedPolarisHighSchool.Theenrollmenthasbeen declining2%annually? December 13, 2016 Example1:Acollege’stuitionhasrisen5%eachyearsince2000.The tuitionin2000was$10,850. a)Writeanequationtorepresenttheamountofthetuitiontyearsafter 2000. b)Howmuchwilltuitioncostforthoseattendingcollegein2015?What about2018? December 13, 2016 Example2:Theprizeforaradiostationcontestbeginswitha$100gift car.Onceaday,anameisannounced.Thepersonhas15minutestocallor theprizeincreasesby2.5%forthenextday. a)Writeanequationtorepresenttheamountofthe@irstcardindollars aftertdayswithnowinners. b)Howmuchwillthegiftcardbeworthifnoonewinsafter10days? December 13, 2016 Example3:Afullyin@latedchild’sraftforapoolislosing6.6%ofitsair everyday.Theraftoriginallycontained4500cubicinchesofair. a)Writeanequationtorepresentthelossofair. b)Estimatetheamountofairintheraftafter7days. December 13, 2016
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