Exponential Growth and Decay: Fresh Take

  • 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 Model

The Main Idea 

  • Exponential Growth Model:
    • General form: y=y0ekt
    • y0: Initial state of the system
    • k: Positive growth constant
  • Key Feature:
    • Rate of growth is proportional to current function value
    • y=ky
  • Applications:
    • Population growth
    • Compound interest
  • Compound Interest Formula:
    • Balance=Pert
    • P: Principal (initial investment)
    • r: Interest rate (as a decimal)
    • t: Time (in years)
  • Doubling Time:
    • Time for a quantity to double in exponential growth
    • Formula: Doubling time=ln2k

Consider a population of bacteria that grows according to the function f(t)=500e0.05t, where t is measured in minutes. How many bacteria are present in the population after 4 hours? When does the population reach 100 million bacteria?

Suppose instead of investing at age 25b24ac, the student waits until age 35. How much would she have to invest at 5%? At 6%?

Suppose it takes 9 months for the fish population in the last example to reach 1000 fish. Under these circumstances, how long do the owner’s friends have to wait?

A bacteria culture starts with 1000 cells and grows exponentially. After 2 hours, there are 1500 cells. How many cells will be present after 5 hours?

Exponential Decay Model

The Main Idea 

  • Exponential Decay Model:
    • General form: y=y0ekt
    • y0: Initial state of the system
    • k: Positive decay constant
  • Key Feature:
    • Rate of decay is proportional to current function value
    • y=ky
  • Applications:
    • Newton’s Law of Cooling
    • Radioactive decay
    • Population decline
  • Newton’s Law of Cooling:
    • T=(T0Ta)ekt+Ta
    • T: Temperature of object
    • T0: Initial temperature
    • Ta: Ambient temperature
  • Half-Life:
    • Time for a quantity to reduce by half in exponential decay
    • Formula: Half-life=ln2k

Suppose the room is warmer (75°F) and, after 2 minutes, the coffee has cooled only to 185°F. When is the coffee first cool enough to serve? When is the coffee be too cold to serve? Round answers to the nearest half minute.

If we have 100 g of carbon-14, how much is left after t years? If an artifact that originally contained 100 g of carbon now contains 20g of carbon, how old is it? Round the answer to the nearest hundred years.

A radioactive sample initially contains 100 grams of a certain isotope. After 30 days, the sample contains 80 grams of the isotope. What is the half-life of this isotope?