- Apply the exponential growth formula to real-world cases like increasing populations or investments
- Describe how long it takes for quantities to double or reduce by half
- Implement the exponential decay formula for scenarios like radioactive substances decaying or objects cooling down
Exponential Growth and Decay
Note: These videos use [latex]P[/latex] and [latex]P_0[/latex] where the text uses [latex]y[/latex] and [latex]y_0[/latex] in the exponential growth and decay equations. While the notation looks different, they are saying the same thing.