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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! :)
 one year ago
 one year ago
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! :)
 one year ago
 one year ago

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ShengBest 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
 one year ago

Day_2010Best 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
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
dw:1352091524486:dw
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
sorry about the sloppiness :)
 one year ago

ShengBest ResponseYou've already chosen the best response.1
Ao = initial amount, r = rate, t = time e = natural logarithm
 one year ago

ShengBest 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
 one year ago

Day_2010Best 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?
 one year ago

ShengBest ResponseYou've already chosen the best response.1
t = 0 for initial time im assuming
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
One sec.. I will write the problem for you to see..
 one year ago

Day_2010Best 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.
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
lol sorry it's very sloppy
 one year ago

ShengBest ResponseYou've already chosen the best response.1
t = 0 for 2003 because that is the initial population, the 642 million
 one year ago

ShengBest ResponseYou've already chosen the best response.1
for any years after 2003, you would do say 2008, 20082003 = 5, to t = 5
 one year ago

Day_2010Best 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
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
so it's zero because it's the initial right? just making sure I understand lol
 one year ago

ShengBest 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 :)
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
Okie dokie! Thanks... I really appreciate the help. :)
 one year ago

Day_2010Best ResponseYou've already chosen the best response.0
Your awesome.. I'm looking at my homework and now I understand it. lol
 one year ago

ShengBest ResponseYou've already chosen the best response.1
sometimes just takes another perspective in things to understand :)
 one year ago
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