Applications Of Exponential Function Math
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We will discuss in this lesson three of the most common applications.
Applications of exponential function math. Exponential functions are used to model populations carbon date artifacts help coroners determine time of death compute investments as well as many other applications. Population can fluctuate positively or negatively and can be modeled using an exponential function. Population growth exponential decay and compound interest. Applications of exponential functions we have to deal with problem solving in many real world situations.
This means that after one year the bank will pay you 5 of that 100 or 100 0 05 5 in interest so you now have 105. The best thing about exponential functions is that they are so useful in real world situations. These are the function that are in the form f x bx where b 0 and is not equal to 1 b 1. However an example of exponential function is the growth of bacteria.
P t c 1. Applications of exponential functions. In addition just like other exponential expressions b is called the base and x is called the exponent. Suppose you have 100 to invest at your local bank and they are offering a whopping 5 annual percentage interest rate.
Applications of exponential and logarithmic functions population growth. A realistic model of exponential growth must dampen when approaching a certain value.
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