🤔 Here are some examples of problems involving exponential functions:
1. *Population growth*: A city's population is growing exponentially at a rate of 5% per year. If the
current population is 1 million, what will be the population in 10 years?
2. *Radioactive decay*: A sample of radioactive material decays exponentially with a half-life of 2 years.
If we start with 100 grams, how much will be left after 6 years?
3. *Compound interest*: You deposit $1,000 into a savings account that earns an annual interest rate of
6%, compounded continuously. How much will you have in the account after 5 years?
4. *Bacterial growth*: A colony of bacteria grows exponentially. If the initial population is 100 and
doubles every 3 hours, how many bacteria will there be after 12 hours?
5. *Chemical reactions*: A certain chemical reaction follows an exponential decay model. If the initial
concentration of the reactant is 2 moles per liter and decays exponentially with a rate constant of 0.5
per minute, what will be the concentration after 4 minutes?
These are just a few examples. Exponential functions can be used to model many real-world
phenomena, such as economic growth, chemical reactions, and more.
Want to solve one of these problems or explore more examples? 🤓
*Follow-up question:* Which of these examples would you like to explore further or solve a specific
problem related to?