Exponential Growth - Examples and Practice Problems - Neurochispas (2024)

Exponential functions can be used to model population growth scenarios or other situations that follow patterns with growth at fixed rates. There are formulas that can be used to find solutions to most problems related to exponential growth.

Here, we will look at a summary of exponential growth and the formulas that can be used to solve these types of problems. In addition, we will look at several examples with answers of exponential growth in order to learn how to apply these formulas.

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Contents

  1. Summary of exponential growth
  2. Exponential growth – Examples with answers
  3. Exponential growth – Practice problems
  4. See also
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Summary of exponential growth

Exponential growth is a pattern of data that shows larger increases over time, creating the curve of an exponential function. For example, if a bacteria population starts with 2 in the first month, then with 4 in the second month, 16 in the third month, 256 in the fourth month, and so on, it means that the population grows exponentially with a power of 2 every month.

The following formula is used to model exponential growth. If a quantity grows by a fixed percentage at regular intervals, the pattern can be described by this function:

Exponential growth
$latex y=a{{(1+r)}^x}$

We recall that the original exponential function has the form $latex y = a{{b}^x}$. In the original growth formula, we have replacedbwith $latex 1+ r$. So, in this formula we have:

  • $latex a=$ initial value. This is the starting amount before growth.
  • $latex r=$ growth rate. This is represented as a decimal.
  • $latex x=$ time interval. This is the time that has passed.

Most naturally occurring events continually grow. For example, bacteria continue to grow over a 24-hour period. Bacteria don’t wait until the end of 24 hours to reproduce all at the same time.

To model the continuous growth that occurs naturally such as populations, bacteria, etc., we use the exponentiale.ecan be thought of as a universal constant that represents growth possibilities using a continuous process. Furthermore, usingewe can also represent growth measured periodically over time.

Therefore, if a quantity is continually growing with a fixed percentage, we can use the following formula to model this pattern:

Continuous Exponential Growth
$latex A=A_{0}{{e}^{kt}}$

In this formula we have:

  • $latex A=$ final value. This is the amount after growth.
  • $latex A_{0}=$ initial value. This is the amount before growth.
  • $latex e=$ exponential.eis approximately equal to 2718…
  • $latex k =$ continuous growth rate. It is also called the constant of proportionality.
  • $latex t =$ elapsed time.

Exponential growth – Examples with answers

The following examples use the formulas detailed above and some variations to find the solution. It is recommended that you try to solve the exercises yourself before looking at the answer.

EXAMPLE 1

A population of bacteria grows according to the function $latex f(x)=100{{e}^{0.02t}}$, wheretis measured in minutes. How many bacteria will there be after 4 hours (240 minutes)?

This is continuous growth, so we have the formula $latex A=A_{0}{{e}^{kt}}$. We can recognize the following data:

  • $latex A_{0}=100$
  • $latex k=0.02$
  • $latex t=240$

Therefore, we have:

$latex f(240)=100{{e}^{0.02(240)}}\approx 12151$

Therefore, there will be 12 151 bacteria after 4 hours.

EXAMPLE 2

A population of bacteria grows according to the function $latex f(x)=100{{e}^{0.02t}}$, wheretis measured in minutes. When will the population reach 50 000?

Here, we have the same formula as the previous exercise, but now we have to find the time knowing the final quantity. We can recognize the following data:

  • $latex A_{0}=100$
  • $latex k=0.02$
  • $latex A=50000$

Therefore, we have:

$latex 50 000=100{{e}^{0.02t}}$

$latex500={{e}^{0.02t}}$

$latex\ln(500)=0.02t$

$latex t=\frac{\ln(500)}{0.02}$

$latex t\approx 310.73$

Therefore, the population of bacteria will become 50 000 after 310.73 minutes.

EXAMPLE 3

We can model the population of a community with the formula $latex A=10000({{e}^{0.005t}})$. Here,Arepresents population andtrepresents time in years. What is the population after 10 years?

We already have a given formula: $latex A=10000({{e}^{0.005t}})$. We have to calculate the population using time $latex t=10$. Therefore, we substitute $latex t=10$ to get:

$latex A=10000({{e}^{0.005(10)}})$

$latex=10000({{e}^{0.05}})$

$latex =10000(1.0513)$

$latex =10513$

Therefore, the population in the community after 10 years will be 10 513.

EXAMPLE 4

The population of a certain community was 10 000 in 1980. In 2000, it was found to have grown to 20 000. Form an exponential function to model the population of communityPthat changes through timet.

When we have continuous population growth, we can model the population with the general formula $latex P=P_{0}({{e}^{\lambda t}})$, where$latex P_{0}$represents the initial population, λ is the exponential growth constant andtis time.

Using the given information, we have to find the constant λ to complete the formula. Therefore, we have:

$latex P=P_{0}({{e}^{\lambda t}})$

$latex 20000=10000({{e}^{20 \lambda}})$

$latex\frac{20000}{10000}={{e}^{20 \lambda}}$

$latex2={{e}^{20 \lambda}}$

$latex\ln(2)=20 \lambda$

$latex\frac{\ln(2)}{20}=\lambda$

$latex0.0347=\lambda$

Thus, we can model the population growth of the community with the formula $latex P=10000({{e}^{0.0347 t}})$.

EXAMPLE 5

The population growth of a small city is modeled with the function $latex P= P_{0}({{e}^{0.1234t}})$. When did the population reach 37 500 if in 1980 the population was 12 500?

We can substitute the values in the formula with the given information:

$latex P=P_{0}({{e}^{0.1234t}})$

$latex 37500=12500({{e}^{0.1234t}})$

Now, we have to solve for time:

$latex 37500=12500({{e}^{0.1234t}})$

$latex \frac{37500}{12500}=({{e}^{0.1234t}})$

$latex 3=({{e}^{0.1234t}})$

$latex\ln(3)=0.1234t$

$latex\frac{\ln(3)}{0.1234}=t$

$latex 8.9=t$

Thus, the city’s population reached 37 500 in 1989.

EXAMPLE 6

One type of bacteria doubles every 5 minutes. Assuming we start with one bacterium, how many bacteria will we have at the end of 96 minutes?

We know that bacteria grow continuously, so we have to use the formula:

$latex A=A_{0}({{e}^{kt}})$

The bacteria doubles every 5 minutes, so after 5 minutes, we will have 2. We use this to find the value ofk:

$latex 2=1({{e}^{5k}})$

$latex\ln(2)=\ln({{e}^{5k}})$

$latex\ln(2)=5k$

$latex k=\frac{\ln(2)}{5}$

$latex k=0.13863$

Now, we form the equation using this value ofkand solve using the time of 96 minutes:

$latex A=A_{0}({{e}^{0.13863t}})$

$latex A=1({{e}^{0.13863(96)}})$

$latex A\approx602 248$

→ Exponential Equations Calculator

Exponential growth – Practice problems

Practice using the exponential growth formulas with the following exercises. Solve the problems and select an answer. Check your answer to verify that you selected the correct one.

The population of a community was 12 500. After 20 years it was found that the population grew to 16 000. What will the population be after 50 years?

Choose an answer

One type of bacteria triples every 8 hours. Starting with 100 bacteria, how many will there be after 18 hours?

Choose an answer

One type of bacteria doubles every 6.5 hours. If there were 100 bacteria at the beginning, how many will there be after 1 and a half days?

Choose an answer

See also

Interested in learning more about exponential functions? Take a look at these pages:

  • Exponential Equations Calculator
  • Exponential Decay – Formulas and Examples
  • Domain and Range of Exponential Functions
  • Examples of Exponential Function Problems

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Exponential Growth - Examples and Practice Problems - Neurochispas (2024)

FAQs

What are some practical examples of exponential growth? ›

Common examples of exponential growth in real-life scenarios include the growth of cells, the returns from compounding interest from an investment, and the spread of a disease during a pandemic.

What are 5 real life examples of exponential function? ›

Compound interest, loudness of sound, population increase, population decrease or radioactive decay are all applications of exponential functions.

What are the 5 examples of exponential equation? ›

Some examples of exponential functions are:
  • f(x) = 2. x+3
  • f(x) = 2. x
  • f(x) = 3e. 2x
  • f(x) = (1/ 2)x = 2. -x
  • f(x) = 0.5. x
Mar 3, 2022

What are some examples of exponential growth biology? ›

Bacteria grown in the lab provide an excellent example of exponential growth. In exponential growth, the population's growth rate increases over time, in proportion to the size of the population.

Are humans an example of exponential growth? ›

Section Summary. The world's human population is growing at an exponential rate. Humans have increased the world's carrying capacity through migration, agriculture, medical advances, and communication.

What is an example of exponential growth in technology? ›

Computers are an example of an exponential technology we're all familiar with – doubling every 18 months or so (Moore's Law). There are many other exponential technologies, like 3D printing, drones, robotics, artificial intelligence, synthetic biology, etc.

What are 5 real life examples of exponents? ›

However, here's one example of how exponents do connect with our everyday lives: square feet, square meters, square inches, square miles, square kilometers and any other square units — and cubic feet, cubic meters, cubic centimeters plus any other cubic units actually use exponents in disguise.

What is a practical example of exponential function? ›

An example of an exponential function is a person who starts walking at a slow rate, and then quickly speeds up and walks faster and faster. The person's rate is not constant, but increases as she continues. This is an example of an exponential function.

What are three real life applications of exponential functions? ›

Exponential functions are often used to represent real-world applications, such as bacterial growth/decay, population growth/decline, and compound interest.

Which equation is an example of exponential growth? ›

The formulas of exponential growth and decay are f(x) = a(1 + r)t, and f(x) = a(1 - r)t respectively.

What is an example of an exponential expression? ›

Exponential expressions are just a way to write powers in short form. The exponent indicates the number of times the base is used as a factor. So in the case of 32 it can be written as 2 × 2 × 2 × 2 × 2=25, where 2 is the “base” and 5 is the “exponent”. We read this expression as “two to the fifth power”.

What is an example of exponential form in math? ›

Exponential notation is an alternative method of expressing numbers. Exponential numbers take the form an, where a is multiplied by itself n times. A simple example is 8=23=2×2×2. In exponential notation, a is termed the base while n is termed the power or exponent or index.

What is a real life example of exponential growth? ›

Examples of Exponential Growth in Real Life

As a population grows, the number of individuals capable of reproducing also increases, leading to a rapid increase in the overall population size. This exponential growth pattern can be seen in the example of a mouse population that doubles in size every year.

What is exponential growth in simple terms? ›

Exponential growth is a process that increases quantity over time at an ever-increasing rate. It occurs when the instantaneous rate of change (that is, the derivative) of a quantity with respect to time is proportional to the quantity itself.

What is an example of exponential growth in environment? ›

The best example of exponential growth is seen in bacteria. Bacteria are prokaryotes that reproduce by prokaryotic fission. This division takes about an hour for many bacterial species.

What are three real-life applications of exponential functions? ›

Exponential functions are often used to represent real-world applications, such as bacterial growth/decay, population growth/decline, and compound interest.

What is an example of exponential growth in business? ›

Exponential growth is desirable to companies, especially startups, when it comes to user and revenue growth. Want a real-life example of exponential growth? Consider Facebook. Starting with nearly 1 million users in 2004, it reached over a billion users by 2015.

Can exponential growth occur in real-life? ›

The amount of increase keeps increasing because it is proportional to the ever-increasing number of bacteria. Growth like this is observed in real-life activity or phenomena, such as the spread of virus infection, the growth of debt due to compound interest, and the spread of viral videos.

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