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Raymond Lapus
De La Salle University, Manila
Exponential growth
Exponential decay
Bounded growth / Learning curve
Definition
A function defined by the equation of the form
Definition
A function defined by the equation of the form
Definition
A function defined by the equation of the form
Definition
A function defined by the equation of the form
Definition
A function defined by the equation of the form
y
80
70
60
Illustration:
50
f (x) = 20e 0.029x
40
g (x) = (2/3)x + 20
30
h(x) = (2/115)x 2 + 20
20
10
0
0 10 20 30 40 50
x
Remark: In reality, exponential growth does not continue
indefinitely. There would, eventually, come a time when there
would no longer be any room for the bacteria, or nutrients to
sustain them. Exponential growth actually refers to only the early
stages of the process and to the manner and speed of the growth.
Problem 1.
Victor wants to buy a new car that costs $90,000. He has saved
$20,000. Determine how many years it will take his $20,000 to
grow to $90,000 at 6.25% interest compounded continuously.
Solution.
Given: B = $20, 000, k = 0.0625
Problem 1.
Victor wants to buy a new car that costs $90,000. He has saved
$20,000. Determine how many years it will take his $20,000 to
grow to $90,000 at 6.25% interest compounded continuously.
Solution.
Given: B = $20, 000, k = 0.0625
Working equation: f (t) = B ekt = 20, 000 e0.0625t
Problem 1.
Victor wants to buy a new car that costs $90,000. He has saved
$20,000. Determine how many years it will take his $20,000 to
grow to $90,000 at 6.25% interest compounded continuously.
Solution.
Given: B = $20, 000, k = 0.0625
Working equation: f (t) = B ekt = 20, 000 e0.0625t
Compute t such that f (t) = 90, 000.
Problem 1.
Victor wants to buy a new car that costs $90,000. He has saved
$20,000. Determine how many years it will take his $20,000 to
grow to $90,000 at 6.25% interest compounded continuously.
Solution.
Given: B = $20, 000, k = 0.0625
Working equation: f (t) = B ekt = 20, 000 e0.0625t
Compute t such that f (t) = 90, 000.
Divide both sides by 20,000, then take ln both sides.
Problem 1.
Victor wants to buy a new car that costs $90,000. He has saved
$20,000. Determine how many years it will take his $20,000 to
grow to $90,000 at 6.25% interest compounded continuously.
Solution.
Given: B = $20, 000, k = 0.0625
Working equation: f (t) = B ekt = 20, 000 e0.0625t
Compute t such that f (t) = 90, 000.
Divide both sides by 20,000, then take ln both sides.
ln 4.5
One finds t = ≈ 24.07 years.
0.0625
f (t) = 5e0.1t
Solution.
Given: f (t) = 5 e0.1t
f (t) = 5e0.1t
Solution.
Given: f (t) = 5 e0.1t
Compute t such that f (t) = 20.
f (t) = 5e0.1t
Solution.
Given: f (t) = 5 e0.1t
Compute t such that f (t) = 20.
ln 4
One finds t = ≈ 13.86 days.
0.1
R. Lapus Applications of Exponential and Logarithmic Functions
Examples
Problem 2 (continued).
Estimate the number of bacteria are present in a food product 10
days after the said product has been purchased. How about after
15 days?
Solution.
We have f (10) = 5 e1 ≈ 13.59 million bacteria.
Problem 2 (continued).
Estimate the number of bacteria are present in a food product 10
days after the said product has been purchased. How about after
15 days?
Solution.
We have f (10) = 5 e1 ≈ 13.59 million bacteria.
After 15 days, there are f (15) = 5 e1.5 ≈ 22.41 million
bacteria.
1 In a given year, the minimum wage was only $1.60 per hour.
Use the formula f (t) = 1.6ert to predict that minimum wage
will reach $8.50 per hour provided that the rate of growth in
the minimum wage is 3.9%.
2 Scientific research has shown that the risk of having a car
accident increases exponentially as the concentration of
alcohol in the blood increases. A formula that models the risk
of an accident is
R = 6e12.8a .
In the formula, R represents the chance of risk in percent.
Find the blood alcohol concentration (a) that corresponds to
a 25% risk of a car accident.
Definition
A function defined by the equation of the form
Definition
A function defined by the equation of the form
y 50
Illustration: 35
B = 50, k = 1% 20
f (x) = 50e−0.01x 5
0 50 100
x
Problem 3.
Nuclear energy derived from radioactive isotopes can be used to
supply power to space vehicles. Suppose that the output of the
radioactive power supply for a certain satellite is given by the
function: g (t) = 30e−0.003t . In the function, g (t) is measured in
watts and t is time in days. After how many days will the output
be reduced to 25 watts?
Problem 3.
Nuclear energy derived from radioactive isotopes can be used to
supply power to space vehicles. Suppose that the output of the
radioactive power supply for a certain satellite is given by the
function: g (t) = 30e−0.003t . In the function, g (t) is measured in
watts and t is time in days. After how many days will the output
be reduced to 25 watts?
Solution:
Given: g (t) = 30e−0.003t
Problem 3.
Nuclear energy derived from radioactive isotopes can be used to
supply power to space vehicles. Suppose that the output of the
radioactive power supply for a certain satellite is given by the
function: g (t) = 30e−0.003t . In the function, g (t) is measured in
watts and t is time in days. After how many days will the output
be reduced to 25 watts?
Solution:
Given: g (t) = 30e−0.003t
Find t such that g (t) = 25.
Problem 3.
Nuclear energy derived from radioactive isotopes can be used to
supply power to space vehicles. Suppose that the output of the
radioactive power supply for a certain satellite is given by the
function: g (t) = 30e−0.003t . In the function, g (t) is measured in
watts and t is time in days. After how many days will the output
be reduced to 25 watts?
Solution:
Given: g (t) = 30e−0.003t
Find t such that g (t) = 25.
ln(5/6)
We obtain t = ≈ 60.77 days.
−0.003
Problem 3 (cont’d).
How much radioactive power supply left at day 40? day 80?
Problem 3 (cont’d).
How much radioactive power supply left at day 40? day 80?
Solution:
We compute g (40) and g (80).
The amount of remaining radioactive power supply at day 40
is g (40) ≈ 26.61 watts.
The amount of remaining radioactive power supply at day 80
is g (80) ≈ 23.60 watts.
Definition
Half-life, denoted by t1/2 is the period of time it takes for the
amount of a substance undergoing decay to decrease by half.
Definition
Half-life, denoted by t1/2 is the period of time it takes for the
amount of a substance undergoing decay to decrease by half.
Remarks:
The name was originally used to describe a characteristic of
unstable atoms (radioactive decay).
Definition
Half-life, denoted by t1/2 is the period of time it takes for the
amount of a substance undergoing decay to decrease by half.
Remarks:
The name was originally used to describe a characteristic of
unstable atoms (radioactive decay).
It may apply to any quantity which follows a set-rate decay.
Definition
Half-life, denoted by t1/2 is the period of time it takes for the
amount of a substance undergoing decay to decrease by half.
Remarks:
The name was originally used to describe a characteristic of
unstable atoms (radioactive decay).
It may apply to any quantity which follows a set-rate decay.
The original term, dating to 1907, was ”half-life period”,
which was later shortened to ”half-life” in the early 1950s.
Problem 5.
Pre-historic cave paintings were discovered in a cave in France.
The paint contained 12% of the original carbon-14. Estimate the
age of the paintings given that the constant k = 0.000121 for this
half-life.
Problem 5.
Pre-historic cave paintings were discovered in a cave in France.
The paint contained 12% of the original carbon-14. Estimate the
age of the paintings given that the constant k = 0.000121 for this
half-life.
Solution:
Given: k = 0.000121, g (tc ) = 0.12B, tc is present year
Problem 5.
Pre-historic cave paintings were discovered in a cave in France.
The paint contained 12% of the original carbon-14. Estimate the
age of the paintings given that the constant k = 0.000121 for this
half-life.
Solution:
Given: k = 0.000121, g (tc ) = 0.12B, tc is present year
Find t such that g (t) = g (tc ).
Problem 5.
Pre-historic cave paintings were discovered in a cave in France.
The paint contained 12% of the original carbon-14. Estimate the
age of the paintings given that the constant k = 0.000121 for this
half-life.
Solution:
Given: k = 0.000121, g (tc ) = 0.12B, tc is present year
Find t such that g (t) = g (tc ).
ln(0.12)
We obtain t = ≈ 17, 523 years.
−k
y 60
f (t) = 60(1 − e−0.25t )
50
Illustration: 40
A = 60, k = 0.25;
30
f (x) = 60(1 − e −0.25x )
20
10
0
0 10 20 30 40 50 60 70 80
x
R. Lapus Applications of Exponential and Logarithmic Functions
Bounded growth / learning curve
y 60
f (t) = 60(1 − e−0.25t )
50
Illustration: 40
A = 60, k = 0.25;
30
f (x) = 60(1 − e −0.25x )
20
10
0
0 10 20 30 40 50 60 70 80
x
y 60
f (t) = 60(1 − e−0.25t )
50
Illustration: 40
A = 60, k = 0.25;
30
f (x) = 60(1 − e −0.25x )
20
10
0
0 10 20 30 40 50 60 70 80
x
Remarks:
The graph of the function that describes bounded growth is
sometimes called learning curve.
The function f (x) can represent someone’s competence in
performing a job after x units of time.
y 60
f (t) = 60(1 − e−0.25t )
50
Example: 40
A = 60, k = 0.25;
30
f (x) = 60(1 − e −0.25x )
20
10
0
0 10 20 30 40 50 60 70 80
x
y 60
f (t) = 60(1 − e−0.25t )
50
Example: 40
A = 60, k = 0.25;
30
f (x) = 60(1 − e −0.25x )
20
10
0
0 10 20 30 40 50 60 70 80
x
Interpretation:
As his/her experience increases, the competence rapidly increases
and then slows down, since additional experience has little effect
on the skill with which the task is performed.
(a) How many units per day can the worker produce after 7 days
on the job?
(b) How many units per day can the worker eventually be
expected to produce?
(a) How many units per day can the worker produce after 7 days
on the job?
(b) How many units per day can the worker eventually be
expected to produce?
Solution:
In (a), we compute f (7), that is f (7) ≈ 45.37. Hence, the
worker produces 46 units per day after 7 days.
(a) How many units per day can the worker produce after 7 days
on the job?
(b) How many units per day can the worker eventually be
expected to produce?
Solution:
In (a), we compute f (7), that is f (7) ≈ 45.37. Hence, the
worker produces 46 units per day after 7 days.
In (b), f (t) → 50 units/day as t becomes large.
R. Lapus Applications of Exponential and Logarithmic Functions
Exercises
80
70
60
50
40
30
20
10 f (t) = 12 + 80e−0.25t
0
0 10 20 30 40 50 60 70 80
Graph: x
80
70
60
50
40
30
20
10 f (t) = 12 + 80e−0.25t
0
0 10 20 30 40 50 60 70 80
Graph: x
80
70
60
50
40
30
20
10 f (t) = 12 + 80e−0.25t
0
0 10 20 30 40 50 60 70 80
Graph: x
80
70
60
50
40
30
20
10 f (t) = 12 + 80e−0.25t
0
0 10 20 30 40 50 60 70 80
Graph: x