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Linear and Exponential Growth
and Decay Models
By: Muhammad Luqman Qadir Introduction • If the change in Y can be represented by repeatedly adding the same value, then the relationship is best modeled by a linear equation. • If the change in Y can be represented by repeatedly multiplying by the same value, then the relationship is best modeled by an exponential equation. Equations Y = mx+b to represent a linear equation:
• m is the number repeatedly added, the rate of change, or the slope of
the line when the equation is graphed in the XY plane. • b is the initial value, or the y-intercept of the line when the equation is graphed in the xy plane. Y = abx to represent an exponential equation:
• b is the number repeatedly multiplied, or the common
factor or common ratio. • a is the initial value, or the y-intercept of the curve when the equation is graphed in the xy-plane. Example 1 Equation and Graph In above table, we can find the next y value by adding 2 to the previous value. In other words, as x increases by 1, y increases by 2. This means we're looking at a linear relationship with a rate of change of 2. For a slope of 2 and a y-intercept of (0,3): • M=2 • B=3 The equation is y=2x+3 Example 2 Equation and Graph In above table, we can find the next y value by multiplying the previous value by 2. In other words, as x increases by 1, y increases by a factor of 2. This means we're looking at an exponential relationship with a common factor of 2.
For a common factor of 2 and a y-intercept of (0,3):
• b=2
• a=3
The equation is y=3(2)x
Practice Questions Practice Questions 1. A plant is growing at a constant rate. If it is 5 cm tall initially and grows 2 cm every week, write a function to represent its height over time t (in weeks), and find its height after 10 weeks. 2. A car's value decreases by $500 per year. If the car is currently valued at $20,000, write a function to represent its value over time t (in years), and find its value after 5 years. 3. A water tank is being filled at a rate of 3 liters per minute. If it initially has 50 liters, write a function for the amount of water in the tank over time t (in minutes), and determine the amount of water after 20 minutes. Practice Questions 1. A population of bacteria doubles every 3 hours. If there are initially 200 bacteria, write a function to represent the population over time t (in hours), and find the population after 12 hours. 2. A radioactive substance decays at a rate of 7% per hour. If there is initially 100 grams of the substance, write a function to represent the amount over time t (in hours), and determine how much of the substance remains after 10 hours. 3. An investment grows at an annual rate of 5%. If an initial investment is $1,000, write a function for the amount over time t (in years), and calculate the amount after 15 years Key Differences Between Linear and Exponential Models • Rate of Change: Linear growth has a constant rate of change, while exponential growth has a rate of change proportional to the current amount. • Graph Shape: Linear models produce a straight line when graphed, while exponential models produce a curve (increasing rapidly for growth or declining quickly for decay). • Applications: Linear models suit scenarios with fixed increases or decreases, like a salary increase by a fixed amount. Exponential models are better for situations involving proportional change, such as population growth, radioactive decay, or compound interest