Exponential Growth and Decay - Concept

Concept Concept (1)

Exponential growth refers to an amount of substance increasing exponentially. Exponential growth is a type of exponential function where instead of having a variable in the base of the function, it is in the exponent. Exponential decay and exponential growth are used in carbon dating and other real-life applications.

Sample Sample Problems (2)

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Exponential Growth and Decay - Problem 1
Problem 1
How to find the inflation rate of a tuition when the doubling time is given.
Exponential Growth and Decay - Problem 2
Problem 2
How to find the half-life of a radioactive substance when the decay rate is given.