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Consider the exponential function . For each question, be prepared to share your reasoning with the class.
After purchase, the value of a machine depreciates exponentially. The table shows its value as a function of years since purchase.
| years since purchase | value in dollars |
|---|---|
| 0 | 16,000 |
| 0.5 | |
| 1 | 13,600 |
| 1.5 | |
| 2 | 11,560 |
| 3 | 9,826 |
A small leak occurs in a radioactive containment vessel. The leak is detected 15 minutes after the leak begins. The amount of radioactive material is measured, in micrograms (µg), at that time and a little later. The amount of radioactive material should be decaying exponentially, so the results of the measurements are shown in the graph.
Here is a graph representing the mass of a radioactive material, in micrograms (µg), as a function of time, in hours, after it was first measured.
Earlier we learned that, for an exponential function, every time the input increases by a certain amount the output changes by a certain factor.
For example, the population of a country, in millions, can be modeled by the exponential function , where is time in centuries since 1900. By this model, the growth factor for any one century after the initial measurement is 16.
What about the growth factor for any one decade (one tenth of a century)? Let’s start by finding the growth factors between 1910 and 1920 ( between 0.1 and 0.2) and between 1960 and 1970 ( between 0.6 and 0.7). To do that we can calculate the quotients of the function at those input values.
Now we can generalize about the growth factor for any one decade using the population centuries after 1900, , and the population one decade (one tenth of a century) after that point, .
This is consistent with what we know about how exponential functions change over whole-number intervals: They always increase or decrease by equal factors over equal intervals. This is true even when the intervals are fractional.