6.1 Exponential Growth and Decay Learning Objective: To determine the multiplier for exponential growth and decay, and to write and evaluate expressions to model growth and decay situations. Warm-up (IN) Learning Objective: To determine the multiplier for exponential growth and decay, and to write and evaluate expressions to model growth and decay situations. . Notes Exponential Function multiplier y C (1 r ) Final amount Initial amount t time rate the percent written as a decimal multiplier Growth - 1 r Decay - 1 r Learning Objective: To determine the multiplier for exponential growth and decay, and to write and evaluate expressions to model growth and decay situations. Ex 1 – Find the multiplier for each rate of growth or decay. a. 9% growth 1 r 1 .09 1.09 b. 12% decay 1 r 1 .12 .88 Ex 2 – Evaluate each expression for the given value of x. 1 a. 70.5 for x 2 1 70.5 2 x 4.95 b. 122 for x 6.5 6.52 122 x 2 271 .53 Learning Objective: To determine the multiplier for exponential growth and decay, and to write and evaluate expressions to model growth and decay situations. EX 3 – An experiment starts with 100 bacteria and doubles every hour. Write a model for the # of bacteria and find the # after 8 hours. y 100 1 1 y 100 1 1 y 1002 8 t t y 25,600 EX 4 – You start a savings account with $1000 that pays 6.5% interest compounded yearly. What is the balance after 5 years? 5 y 1000 1 .065 y 1370.09 Learning Objective: To determine the multiplier for exponential growth and decay, and to write and evaluate expressions to model growth and decay situations. EX 5 – You bought a car for $18,000 in 2010. The value of the car depreciates by 19% each year. Write an exponential decay model and find the value of the car in 2012. t y 18000 1 .19 y 18000 .81 2 .81 y 18000 y $11,809 t Out – Describe the difference between the procedures for finding the multiplier for a growth rate of 5% and a decay rate of 5%. Summary – Now, I can figure out… HW –