mcrsuz fomeeodk More Application Example A radioactive substance decays according to A = 85.6(10-°°*5*) where ¢ is the number of hours. How long would it take for there to be only 20 g? (1 calc use) Example 2 Find the length of time required for $1000 to grow to $15 000 if the money was invested at 9%/a compounded quarterly. (calc use) Example 3 ASO mg sample of radioacti Determine the half-life. (1 calc use) 1e decays to 20 mg after 12 minutes.Example 4 The value of Mr. Gong’s Mercedes Benz after ¢ years is given by V = 53 700(0.8)* (calc use) a) Find the value after 2 years and 5 years. b) Find the average rate of depreciation between the above periods. ¢) Find the instantaneous rate of depreciation at 2 years.Example 5 Example 6 Jeremy desperately needs $80,000 to buy an engagement ring so that he can propose to his girlfriend. However, he “only” has $50 000 right now. Which of the following options offered by his bank will allow him to accomplish his goal faster? Option 1: 6.25% compounded annually with a 2% penalty of the initial principle if it is withdrawn before 10 years. Option 2: 6% compounded semi-annually with no penalty. Jeremy decided that any girlfriend that required such an expensive wedding ring wasn’t worth the trouble. He decides to investment to save money for a house down payment. How long does it take to double his money with each option?‘Thought-Provoking Questions 1. Ona stormy day in 1988, a woman, named Sophie Smyth, walked into a Museum London with a piece of garment and claimed that she had found the linen once worn by Jesus Christ about 2000 years ago. That night, lab results revealed that the amount of carbon-14 within the garment was about 92% of the radioactivity associated with living plant materials. Given that the half-life of carbon-14 is about 5730 years, was Sophie telling the truth? 2. Ahomicide detective is called to the scene of a crime where a dead body has just been found. He arrives on the scene at 9:30 pm. Immediately, the temperature of the body is taken and is found to be 80° F. The detective checks the programmable thermostat and finds that the room has been kept at a constant 68° F. After evidence from the crime scene is collected, the temperature of the body is taken at 11:30 pm once more and found to be 78° F. if the normal human body temperature is about 98° F, approximately when was the victim murdered? (Hint: Newton’s Law of Cooling) Practice Questions 1. Inflation is causing things to cost roughly 2% more per year. a, Abag of milk costs approximately $3.75 now. Estimate its cos b. Amovie ticket costs $11.99 now. i, Ifinflation continues at 2% per year, when will the ticket cost $15.00? li, How long ago did the movie ticket cost $4.25? 5 years. 2. Abacteria colony grows at a rate of 15%/h. a. In how many hours will the colony triple in size? b. In 10h, the bacteria population grows to 1.3x10°, How many bacteria were there initially? 3. Misha drops a small rubber bouncy ball from a height of 6m onto a hard surface. After each bounce, the ball rebounds to 60% of the previous maximum height. a, Determine the height of each of the first 5 bounces. b. Graph and carefully label the relation. ¢. Create an equation to model the height of the ball as it bounces. What domain are you using? d. Estimate the height after 12 bounces from your graph. Verify this using your equation. fe. Use the graph to estimate when the ball’s maximum height will be 20 cm. Verify using your equation. 4, A population, P, is increasing exponentially. At time t=0, the population is 35 000. In 10 years, the population is 44400. a. Find @in P= (ay b. Using the value of that you calculated, write an equation that models the population, P, after t years. . Using your equation, find when the population reaches 100 000.invested for three years? 5. Which is the best investment if the money in each case i a. $5000 at 8%/a, compounded monthly b. $5000 at 8.2%/a, compounded annually c. $5000 at 8.1%/a, compounded semiannually 6. After an accident at a nuclear power plant, which caused a radiation leak, the radiation level at the accident site was 950 R (roentgens). Five hours later, the radiation level was 800 R. Radiation levels decay exponentially. Calculate the decay rate. 7. Matt bought a new car for $35 000 and sold it five years later to Martin for $20 000. Assume that the value of the vehicle depreciates exponentially at a rate of 12%/year. Who got ripped off? By how much? 8. Describe three different techniques for solving 5* = 90 9. Determine the point of intersection between the graphs of y = 5(4)?¥and y = 4(2)*. Round your answer to two decimal places. 10. When you drink coffee, tea, or hot chocolate, or eat a chocolate bar, your body absorbs chemicals from these foods. One chemical is caffeine. The amount of caffeine in your bloodstream follows an exponential pattern over time. After eating a food with caffeine, the highest level of caffeine in the bloodstream occurs in 15 min to 45 min. Then the level of caffeine begins to fall. in adult humans, the half-life for caffeine varies according to many factors. ‘Adult nonsmoker: 5h to 6h The amount of caffeine in different ‘Adult smoker: 3.5 h foods varies as well: Woman who is six months pregnant: 10 h to 18h | Coffee: 100 mg to 150 mg Newborn baby: 100 h Tea: 50 mg to 75 mg 8-month old baby: 4h Hot chocolate: 50 mg 6 year old to 10 year old child: 2h to 3h Cola: 35 mg to 55 mg is an adult, smoker and drinks a cup of coffee. How much caffeine would be in Chris's bloodstream seven hours after drinking the coffee? Answers: 1)a.$4.14 _b. i) approximately 11 years, 4months —_ii) 52 years; 2)a. approx. 8 hours, b.321 3) a. 6m, 3.6m, 2.16m, 1.30m, 0.78m, 0.47m, c. h = 6(0.6)" (h = the domain is n € N (natural numbers not real numbers!) d. 0.013m, e. Between 6" and 7" bounce 4) a. 1.02, b. P = 35 000(1.02)'c. t=44.14 a 6) 0.966 7) Matt overcharged Martin $1530 8) log both sides, guess and check, turn to logarithmic form 9)0.16 10) 31.25mg eight, n = #of bounces)