document.write( "Question 204141: Could anyone help me with this. I am not sure how to do it. I really need your help.\r
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\n" ); document.write( "\n" ); document.write( "Do exponential functions only model phenomena that grow, or can they also model phenomena that decay? Explain what is different in the form of the function in each case.
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Algebra.Com's Answer #154135 by Earlsdon(6294)\"\" \"About 
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Exponential functions model both phenomena that grow and phenomena that decay.
\n" ); document.write( "The general form for the exponential function is:
\n" ); document.write( "\"y+=+ab%5Ex\" b is called the base.
\n" ); document.write( "For growth phenomena, the base, \"b+%3E+1\"
\n" ); document.write( "For decay phenomena, the base, \"0+%3C+b+%3C+1\"
\n" ); document.write( "A typical example of exponential grow is the increase in money deposited in savings account.
\n" ); document.write( "For example, if you deposited $500 at 5% interest per year, how much would you have at the end of 4 years?
\n" ); document.write( "The formula is:
\n" ); document.write( "\"A+=+P%281%2Br%29%5Et\" where:
\n" ); document.write( "A = the amount you would have at the end of 4 years..
\n" ); document.write( "P = the principal (amount invested).
\n" ); document.write( "r = the rate of interest, in decimal form.
\n" ); document.write( "t = the length of time deposited, in years.
\n" ); document.write( "In our example, P = $500, r = 0.05, and t = 4 years.
\n" ); document.write( "\"A+=+500%281%2B0.05%29%5E4\"
\n" ); document.write( "\"A+=+500%281.05%29%5E4\" Use your calculator to get the approximate value of \"1.05%29%5E4\"
\n" ); document.write( "\"A+=+607.75\"
\n" ); document.write( "You would have $607.75 in 4 years.
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\n" ); document.write( "A typical example of exponential decay is the decrease of radio-active material (radio-active decay) after a length of time.
\n" ); document.write( "The term \"half-life\" is used to indicate the length of time it takes for radio-active material to lose half of its mass.
\n" ); document.write( "For example:
\n" ); document.write( "The half-life of an isotope of thorium, thorium-234, is 25 days.
\n" ); document.write( "If you started with 50 grams of thorium- 234, how much would be left after 100 days?
\n" ); document.write( "Since the amount of thorium-234 decreases 50% every 25 days, the exponential function for the decay is:
\n" ); document.write( "\"y+=+50%280.5%29%5Et\" where t = the number of half-lives that have elapsed. Notice that the base (b = 0.5) is less than 1.
\n" ); document.write( "\"t+=+100%2F25\"
\n" ); document.write( "\"t+=+4\"half-lives.
\n" ); document.write( "\"y+=+50%280.5%29%5E4\"
\n" ); document.write( "\"y+=+50%280.0625%29\"
\n" ); document.write( "\"y+=+3.125\"grams.
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