4.55 Exponential Growth and Decay Word Problems

Front

What is exponential growth?

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Front

What is exponential decay?

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Front

What does 'r' represent in the exponential growth formula?

Back

'r' represents the rate of growth expressed as a decimal.

Front

What does 'r' represent in the exponential decay formula?

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'r' represents the rate of decay expressed as a decimal.

Front

How do you calculate the population after a certain number of years with exponential decay?

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Front

How do you calculate the value of an asset after depreciation?

Back

Front

What is the formula for exponential growth?

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Front

What is the formula for exponential decay?

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Front

If a population of 10,000 decreases by 5% per year, what will the population be after 3 years?

Back

Front

If a car's value is $20,000 and it depreciates by 15% each year, what will its value be after 4 years?

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