Exponential Models Notes Name: ____________________________ ๐ฆ = ๐๐ ๐ฅ ๐ > 1, ๐๐๐๐ค๐กโ 0 < ๐ < 1, ๐๐๐๐๐ฆ Growth: Decay: b=1+r b=1-r 1. Graph ๐ฆ = 2๐ฅ 2. The population in the U.S. in 1994 was 260 million. There is an average rate of increase of .7% a) Write a function to model this situation: b) What was the population in 2006? 3. The bear population increases at a rate of 2% a year. There are 1, 573 bears this year. a) Write a function to model this situation: b) How many bears will there be in 10 years? 4. Suppose you buy a car for $11, 800. The expected depreciation rate is 20% per year. Estimate the value of the car after 6 years. 5. The population of a certain animal decreases at a rate of 3.5% per year. Right now there are 80 of that animal. What is the equation to model this situation? 1 6. Graph ๐ฆ = 24(3)๐ฅ 1 7. Graph ๐ฆ = 8(2)๐ฅ+2 + 3 8. Graph ๐ฆ = 2(3)๐ฅ−1 + 1 Half-Life: ๐ก 1โ๐๐๐−๐๐๐๐ ๐ฆ= ๐ 2 9. Mendelevium-257 has a half-life of about 5 hours. I have a 100 mg of a supply of it. How much is left after 75 hours? 10. Arsenic is used to locate brain tumors. Its half-life is 17.5 days. How much would be remaining of a 90 mg sample after 6 days?