APPLICATION OF EXPONENTIAL FUNCTION
Exponential Growth
Exponential growth occur when a quantity grows by a constant percentage in each fixed period
time. P = Quantity
t P0 = Initial quantity
P=P 0 . a a = Rate growth
t = Time
Exponential Decay
Exponential decay occurs when a quantity decrease by a constant percentage in each fixed period
time. N(t) = Mass
−t N0 = Original mass
h t = Time
N ( t )=N 0 .2
h = Half-life (measured in th same unit as t)
Compound Interest
It is important in many financial calculations.
n .t A = Amount in the account at the end of t years
r
A=P(1+ ) P = Principal
n r = Annual interest rate r (expresses as a decimal)
n = Compounded in times a year
t = Time
Chapter Review
1. A colony of bacteria consists of 1000 bacteria. If the bacteria triples every 30 minutes, the
population be after 2 hours is ... .
2. Claura and Raymond want to study about population bacteria. If she is given number of
bacteria in certain colony doubles every 20 minutes and the colony starts with a population 800,
the population bacteria be after 2 hours is ... .
3. The number of bacteria in a growing colony is given by the function P ( t ) =50.2t ,where t is the
time in hours. The bacteria will there be after 4 hours is ... .
4. Lyodra teached chemistry about half-life of radium. If the half life of radium is approximately
150 years. After 300 years, a 200-gram sample will be ... gram.
5. An isotope of the synthetic element Californium has a half-life of approximately 45 minutes.
Time take for a sample Californium to decay to 25% of its original mass is ... minutes.
6. You deposit $200 in the bank that pays 8% interest compounded quarterly. The amount in the
account after 2 years is ... .
7. $1000 is invested with an interest rate of 12% compounded monthly. The value of investment
dafter 2 years is ... .