U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 Unit 7: Exponential Functions Lesson 6: Exponential Growth & Decay RECALL: Last class we compared linear, quadra c and exponen al func ons. Success Criteria: A er last class you should be able to... iden fy whether a func on is linear, quadra c or exponen al from its table of values, graph and equa on. TODAY: Success Criteria: At the end of today's lesson, can you... use the informa on given to come up with the equa on that models real world exponen al growth and decay problems? solve problems involving real world applica on of exponen al decay and growth? 1 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 RECALL: Exponen al func ons are func ons in the form where and Exponen al func ons are o en used in the real-world to help describe the growth and decay of popula ons, investments, etc. NOTE: It cannot always be used long-term. This becomes par cularly evident with models of popula on growth as eventually the popula on would become unsustainable. KEY CONCEPTS: Exponen al growth... is modeled by an increasing exponen al func on (i.e. b > 1) Exponen al decay... is modeled by a decreasing exponen al func on (i.e. 0 < b < 1) 2 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 How to use the equa on y = a(b)x to model exponen al growth & decay: y = the total (popula on/investment amount/etc.) ***NOTE: O en we use the variable 'P' instead of y when represen ng popula on a = the ini al/star ng amount ***(think ABCs...a starts it off) b = the growth rate ***(b > 1 for growth and 0 < b < 1 for decay) For exponen al growth: b = 1 + r For exponen al decay: the rate , where r is ___________ b= 1-r x = number of growth/decaying periods (days/weeks/years/etc.) ***NOTE: O en we use the variables 'n' instead of x when represen ng popula on For word problems... STEP 1: Find the important informa on (usually numbers). Some key words to keep an eye out for... * half-life: this means that the b is _________ * doubles: this means that the b is _________ * triples: this means that the b is _________ * depreciates: this means that the b must be _________ STEP 2: Take what you know and sub it into the equa on. STEP 3: Solve for what's missing. 3 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 EX. 1. A bacteria colony has an ini al popula on of 200. The popula on increases by 20% each day. a) How many bacteria will there be in one week? P= a= b= t= b) When will the popula on reach 2500? P= a= b= t= 4 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 EX. 2. It is es mated that a new car depreciates by 20% per year. a) Determine the value of a car a er 4 years if it costs $27,000 new. P= a= b= t= b) When will the car be worth $8,000? P= a= b= t= 5 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 EX. 3. Water lilies in a pond double each day. It takes 30 days for the lilies to completely cover the pond. On what day was the pond half full of water lilies? P= a= b= t= 6 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 EX. 4. The remaining mass of a drug in a person's bloodstream is modelled by , where M is the remaining mass in milligrams, and t is the me, in hours, that the drug is in the bloodstream. a) What is the half-life of the drug? b) What was the dosage of the drug? c) What will be the concentra on of the drug in the bloodstream i. a er 2 hours? ii. a er 6 hours? 7 U7 L6 Exponential Growth and Decay completed.notebook April 10, 2015 Practice: p. 429 #2, 4, 7, 10 p. 437 #1, 3, 8, 9 8
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