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Day_2010
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Can someone explain the exponential growth formula in layman's terms? I really need the help understanding the concept, any help will be greatly appreciated! :)
 2 years ago
 2 years ago
Day_2010 Group Title
Can someone explain the exponential growth formula in layman's terms? I really need the help understanding the concept, any help will be greatly appreciated! :)
 2 years ago
 2 years ago

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Sheng Group TitleBest ResponseYou've already chosen the best response.1
ok say...i have some amount of money deposited in a bank collecting interest given time the amount will "exponentially increase" because interest is based on how much money i have since each year my money will increase, as time increases, interest exponentially increases. example 2. bacterial growth...say you start off with 1 colony of bacteria, given enough time/resources, it will exponentially grow
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
hmm that makes sense, but what I can't figure out is how to apply that to the formula A=A\[_{0}\]^rt
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
dw:1352091524486:dw
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
sorry about the sloppiness :)
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
Ao = initial amount, r = rate, t = time e = natural logarithm
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
so say given a scenario...i have $1000 deposited at a rate of 7% interest per year, how much will i have in 100 years
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
I had a problem understanding "after year 2003" or whatever year it may be in a "problem"... they say to input t=0 ..... why does t=zero?
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
^have... not had lol
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
t = 0 for initial time im assuming
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
One sec.. I will write the problem for you to see..
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
The exponential model dw:1352091910349:dw describes the population, A, of a country in millions, t years after 2003. .... use the model to determine when the population of the country will be 771 million.
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
is that an rt?
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
the 0.026 = r
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
lol sorry it's very sloppy
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
t = 0 for 2003 because that is the initial population, the 642 million
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
for any years after 2003, you would do say 2008, 20082003 = 5, to t = 5
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
OH hmm that makes plenty of sense... my professor does not do a good job at explaining things lol
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
np hope it helped
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
so it's zero because it's the initial right? just making sure I understand lol
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
it's zero because you are given the initial population at year 2003 remember Ao = 642 million, so if t is any value but 0 for 2003, you would get a different number for Ao, which wouldn't be the case :)
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
Okie dokie! Thanks... I really appreciate the help. :)
 2 years ago

Day_2010 Group TitleBest ResponseYou've already chosen the best response.0
Your awesome.. I'm looking at my homework and now I understand it. lol
 2 years ago

Sheng Group TitleBest ResponseYou've already chosen the best response.1
sometimes just takes another perspective in things to understand :)
 2 years ago
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