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It's always best to first discuss the concept and definition and then go on with some examples.
Definition: Exponential decay refers to an amount of substance decreasing exponentially. Exponential decay is a type of exponential function where instead of having a variable in the base of the function, it is in the exponent.
The best known examples of exponential decay involves radioactive materials such as uranium or plutonium. Another example, if inflation is making prices rise by 3% per year, then the value of a $1 bill is falling or exponentially decaying, by 3% per year.
new value=initial value x (1-r)^t where t =time and r =rate/100
Example: China's One-Child Policy was implemented in 1978 with a goal of reducing China's population to 700 million by 2050. China's 2000 population is about 1.2 billion. Suppose that China's population declines at a rate of 0.5% per year. Will this rate be sufficient to meet the original goal?
plug in the numbers for the equation: new value=1.2billionx(1-0.005)^50
new value=0.93 billion
hope this helps! Please check out more exponential decay examples in the links! =)
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Categorize the graph as linear increasing linear decreasing exponential growth or exponential decay.?
Exponential Decay. hope this will help :)
How do you tell if its exponential growth or decay?
Exponential growth has a growth/decay factor (or percentage decimal) greater than 1. Decay has a decay factor less than 1.
What is decay factor?
The constant factor that each value in an exponential decay pattern is multiplied by the next value. The decay factor is the base in an exponential decay equation. for example, in the equation A= 64(0.5^n), where A is he area of a ballot and the n is the number of cuts, the decay factor is 0.5.
What is independent variable in exponential growth and decay problems?
Time!
Who invented exponentail growth and exponential decay?
Reverend Thomas Malthus developed the concept of Exponential Growth (another name for this is Malthusian growth model.) However the mathematical Exponent function was already know, but not applied to population growth and growth constraints. Exponential Decay is a natural extension of Exponential Growth
