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Exponential Function: Done by Abdul Rahman Sharaiah, Jad, Ali Haji, and Fares Anas
Exponential Function: Done by Abdul Rahman Sharaiah, Jad, Ali Haji, and Fares Anas
function
Done by Abdul Rahman Sharaiah,
Jad, Ali Haji, and Fares Anas
What is an
Exponential
Function
Exponential function =
is the function of the
form f(x)=, where b is a
positive constant (b≠1)
and x is the variable.
Types of
Exponential
Functions
1. Exponential Growth
2.Exponential Decay
Exponential Growth
Exponential Growth :
When the b in the is
greater than one.
Exponential Decay
Exponential Decay :
When the b in the is
between zero and one.
Real life Example of Exponential Decay
Andrew spent $350,000 on a new couch. The sofa’s worth falls exponentially at a pace of 5% every year. So,
how much is the sofa worth after two years? Please round your answer to the nearest decimal point.
Solution: Initial value of Sofa= $350,000
Rate of decay r = 5% = 0.05
Time t = 2 years
Use the exponential decay formula,
A = P (1 – r)t
A = 350000 x (1 – 0.05)2
A = 315,875
The value of the sofa after 2 years = $315,875
Real life Example of Exponential Growth
There were 50 fishes in a pond. They had increased to 135 after six months. If the fishes are growing exponentially, then how many fishes will there be in the pond
at the end of one year? Round your answer to the nearest integer.
Solution:
The initial number of fishes is a = 50.
Since the fishes increased exponentially, we use the exponential growth formula.
y = a bx
y = 50 bx ... (1)
It is given that the number of fishes after 6 months is 135. So we substitute x = 1/2 (half-year) and y = 135 in the above equation.
135 = 50 (b)½
Dividing both sides by 50,
2.7 = b½
Squaring on both sides,
7.29 = b
Here, you can observe that b = 7.29 > 1, as it is exponential growth.
We have to find the number of fishes at the end of 1 year. So we substitute x = 1 and b = 7.29 in (1).
Thank you