Scribd
Upload
2 views

Application of Exponential Function

Uploaded by

bv9kc2b5fz
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
2 views

Application of Exponential Function

Uploaded by

bv9kc2b5fz
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

Q1:

Suppose that a stock’s price is rising at the rate of 7% per year and that it continues to increase at
this rate. If the value of one share of this stock is $43 now, find the value of one share of this stock
three years from now.

Q2:

The value of a new car depreciates (decreases) after it is purchased. Suppose that the value of the
car depreciates according to an exponential decay model. Suppose that the value of the car is
$12000 at the end of 5 years and that its value has been decreasing at the rate of 9% per year. Find
the value of the car when it was new.

Q3

A national park has a population of 5000 deer in the year 2016. Conservationists are concerned
because the deer population is decreasing at the rate of 7% per year. If the population continues to
decrease at this rate, how long will it take until the population is only 3000 deer?

Q4

A video posted on YouTube initially had 80 views as soon as it was posted. The total number of views
to date has been increasing exponentially according to the exponential growth function y=80 e0.12 t ,
where t represents time measured in days since the video was posted. How many days does it take
until 2500 people have viewed this video?

Q5:

A statistician creates a website to analyze sports statistics. His business plan states that his goal is to
accumulate 50,000 followers by the end of 2 years (24 months from now). He hopes that if he
achieves this goal his site will be purchased by a sports news outlet. The initial user base of people
signed up as a result of pre-launch advertising is 400 people. Find the monthly growth rate needed if
the user base is to accumulate to 50,000 users at the end of 24 months.

Q6:

A fact sheet on caffeine dependence from Johns Hopkins Medical Centre states that the half-life of
caffeine in the body is between 4 and 6 hours. Assuming that the typical half-life of caffeine in the
body is 5 hours for the average person and that a typical cup of coffee has 120 mg of caffeine.

a) Write the decay function.


b) Find the hourly rate at which caffeine leaves the body.
c) How long does it take until only 20 mg of caffeine is still in the body?

You might also like