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Exponential Growth and Decay: Solving Application Problems, Exercises of Algebra

Instructions on how to solve application problems using exponential growth and decay models. It includes steps for solving problems, examples of exponential growth and decay formulas, and exercises to practice. Various applications such as cellular telephone subscribership, surface sunlight intensity, risk of car accidents, and population growth.

Typology: Exercises

2012/2013

Uploaded on 01/07/2013

tahir
tahir 🇮🇳

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Chapter 9: Solving Application Problems
Objectives:
Exponential growth/growth models
Using logarithms to solve
Steps for Solving Application Problems:
1. Read, throw out nonsense numbers
2. Assign a variable (What is it asking
for?)
3. Write an equation
4. Solve the equation
5. Check, does it make sense?
Exponential Growth Models
An exponential equation or exponential function is of the form y = ax or f(x) = ax, where a > 0, a ≠ 1.
Exponential Growth or Decay Formula:
1,0,)( aaaPtP kt
P0 represents the original amount present,
P(t) represents the amount present after t years, and a and k are constants.
When a > 1, P(t) increases. (Growth) When 0 < a < 1, P(t) decreases. (Decay)
Ex: a = 2 Ex: a = ½
Ex: The exponential graph below models the U.S. cellular telephone subscribership,
)(tP
, in thousands,
for t years 1989 through 2008. The formula
t
tP )257.1(500,3)(
models this growth.
a. Use the formula to calculate the number of
subscribers in 1989.
b. Use the formula to calculate the year it will be
when the number of subscribers reaches 500,000
thousand.
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Chapter 9: Solving Application Problems

Objectives:  Exponential growth/growth models  Using logarithms to solve

Steps for Solving Application Problems:

  1. Read, throw out nonsense numbers
  2. Assign a variable (What is it asking for?)
  3. Write an equation
  4. Solve the equation
  5. Check, does it make sense?

Exponential Growth Models

An exponential equation or exponential function is of the form y = ax^ or f ( x ) = ax , where a > 0, a ≠ 1.

Exponential Growth or Decay Formula: P (^^ t )^ P  akt , a ^0 , a ^1

P 0 represents the original amount present, P ( t ) represents the amount present after t years, and a and k are constants.

When a > 1, P ( t ) increases. (Growth) When 0 < a < 1, P ( t ) decreases. (Decay) Ex: a = 2 Ex: a = ½

Ex: The exponential graph below models the U.S. cellular telephone subscribership, P ( t ), in thousands,

for t years 1989 through 2008. The formula P ( t ) 3 , 500 ( 1. 257 ) t models this growth.

a. Use the formula to calculate the number of subscribers in 1989.

b. Use the formula to calculate the year it will be when the number of subscribers reaches 500, thousand.

You try:

  1. The exponential graph below models the percentage of surface sunlight, f ( x ), that reaches a depth of^ x feet beneath the surface of the ocean. The formula models this decay.

a. Use the formula to calculate the percentage of surface sunlight intensity at a depth of 20 feet.

b. Use the formula to calculate the depth needed to only have 1% of surface sunlight intensity.

Natural Exponential Growth or Decay Formula: P ( t ) P  ekt

Ex: The exponential graph below models the risk of having a car accident, R(x) (as a percentage), with

respect to a person’s blood alcohol concentration, x. The formula R^ (^ x )^6^ e^12.^77 x models this growth.

a. Use the formula to calculate the percent of risk of getting into a car accident for a person that has a blood alcohol concentration around 0.05.

b. Use the formula to calculate the blood alcohol concentration necessary to have a 100% risk of getting into a car accident.

f ( x ) 20 ( 0. 975 ) x

You try:

  1. T he exponential graph below shows the U.S. gross domestic product (GDP), the market value of all goods and services produced within the US, P ( t ), in billions, for t years between 1965 and 2010. The general

formula P ( t ) P  ekt models this growth.

a. Use the graph to find the initial GDP, P 0.

b. Substitute a point on the graph into the formula

P t P ekt

()  to find the constant grow rate, k.

c. Use P 0 and k to find the general formula P ( t ) P  ekt.

d. Use the formula found in part c. to calculate the GDP in 2013.

e. Use the formula found in part c. to find when the GDP will be $20,000 billion.

  1. Plutonium-239, a radioactive material used in most nuclear reactors, decays exponentially. If there are originally 16 grams of plutonium-239, then the amount of plutonium-239, P(t) , remaining after t years is

modeled by the formula P ( t ) 16 ekt , where k < 0, since the amount of plutonium decreases as time goes

on.

a. If approximately 3.995 grams of plutonium-239 remain after 50,000 years, find the decay rate, k. And, state the function that models this case.

b. How much plutonium will remain after 50 years?

c. How long will it take to have only 2 grams remain?