Applications of Exponential Functions: Apply It 1

  • Calculate the values of exponential functions, especially those using the base 𝑒, and understand their equations
  • Use compound interest formulas to work out how investments or loans grow over time in real-life financial situations
  • Find an exponential function that models continuous growth or decay

Writing an Exponential Model

In 2006, [latex]80[/latex] deer were introduced into a wildlife refuge. By 2012, the population had grown to [latex]180[/latex] deer. The population was growing exponentially. Write an algebraic function [latex]N(t)[/latex] representing the population [latex]N[/latex] of deer over time [latex]t[/latex].

Find an exponential function that passes through the points [latex]\left(-2,6\right)[/latex] and [latex]\left(2,1\right)[/latex].