PreCalculus Unit 3 Day 11- Modeling Period: Directions: The following are examples of real life models of exponential and logarithmic functions. Use the information given in each model to answer the questions that follow. 1, From 1990 to 2015, the population of California can be modeled by P(t) = 29,816,591(1.03)', where ¢ isthe number of years since 1990. a, Is this model exponential growth or decay? Why? b. What is the annual percent increase? Growth, The bac iS 1,03 whch om 4 Z Pee gear iS greater then | eiccarkns cc. What is the initial population? d. What is the population Oe [2.9 616, S41 peor las) = 2% Bley SUC L-03)"7 -— 2. Gasoline cost $1.99 per gallon currently. The price per gallon increases an average of 6% W/emsbllM jy ( 4 a. Write an equation to model the price of gasoline, G, as a function time, ¢ , using the formula G(¢) = P(1+5)" where Pis the initial amount ris the rate and n number of compoundings per year. < ob GQ= 1.99(1 + aye 'b, What is the price of gasoline 6 months later? G() = 1.97 ( |, os)" we - OS, . In how many years will ee pergallonreach$5.00. th (fer) in(l205) Dt p as 5 =199( Loos) 5 = 00s a(S) - nt (Tr4-] th( Laos) 3. Apheasant farmer starts her farm with 120 pheasants. Her records show that the pheasant population has an annual decrease of 5%. ‘a, Write an equation to model the number of pheasants, A, as a function time (years), ¢, using the formula b. How many pheasants are on the farm after 10 years? co A = 120(1~25) A= 12 pheasant S ¢.Imhow many years will the population of pheasants decrease to 10 pheasants? mB) =T t af,.) = loz 120 (+ 4) wy tn ('He-) (nt wie Tn tas) de) = af te. gst In (Ge) = © In Ea HE 4EST ems pe4, Elaina invests $500 at a bank that offers 4% interest compounded continuously. a. Write an equation to model the amount of money in the bank account, A, as a function time (years), ¢, b. How much money was in her account after 25 years?_—— age = 1 A (0s) = soe A(28) = [354.14 , Inhow many years will Elaina’s bank account reach $1500? Fare UNDE s 104 104 ot Iso = S07 e (n3 = (ne ' rot Z 4 Tet 07 46h3 yon eco Reeds (ee (Sh 5, Radium-226 has a half-life of 1620 years. You have 120 grams of Radium-226. a, Write an equation to model the amount of Radium-226 left, ¥, as a function time (years), ¢, using the formula Y(t) = yo (3 is the starting amount of Radium-226 and k is the half-life of Radium-226. [v2 120+ b, How Radium-226 is left after 5000 years? Y (S.0~) 120(4 are (ys) I$. 1279 qian ) tne} & « ee) ee ts 226 left? (4): in) Mee ae is CH) : y Cae) area, bo yo In( %e) = Tae th } (SMe 4 pe ~ ; _— 4. Joe calculated the amount of time in which 50 grams of Radium-226 remained to be 1450 years. Without using your calculator, explain how you know Joe made a mistake in his calculations. The 2 Whe CS 1,620 geas, Aft 4620 geus there will be S(129 ov Go glans Jefh [450 16 Lest than (G20 geal after (450 gems thee wll be rere thon 60 910") of Roojva ~ 226 +