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Exponential growth/decay describes a process where a quantity increases or decreases at a rate proportional to its current value. The defining equation is dy/dt = ky, which leads to the solution y = y₀eᵏᵗ. This topic appears in exams to test your understanding of differential equations and their applications in real-world scenarios, such as population growth, radioactive decay, and financial compounding.
Exponential growth/decay is tested in various exams, including mathematics, physics, biology, economics, and engineering. It frequently appears in questions worth 5-10 marks, testing your ability to apply mathematical models to real-world phenomena. This skill is crucial for careers in science, finance, and technology.
Intermediate
Question: If a population grows at a rate of 5% per year, and the initial population is 1000, what is the population after 2 years?
Step-by-Step: 1. Identify y₀ = 1000 and k = 0.05.2. Use the formula y = y₀eᵏᵗ.3. Substitute t = 2: y = 1000e^(0.05*2).4. Calculate: y ≈ 1105.
Answer: The population after 2 years is approximately 1105.
Question: A radioactive substance decays at a rate of 10% per year. If the initial amount is 500 grams, how much remains after 3 years?
Step-by-Step: 1. Identify y₀ = 500 and k = -0.10.2. Use the formula y = y₀eᵏᵗ.3. Substitute t = 3: y = 500e^(-0.10*3).4. Calculate: y ≈ 368 grams.
Answer: The amount remaining after 3 years is approximately 368 grams.
Question: If a bacteria culture grows at a rate proportional to its current size, and it doubles in 4 hours, what is the growth constant k?
Step-by-Step: 1. Identify that doubling means y = 2y₀.2. Use the formula y = y₀eᵏᵗ.3. Substitute y = 2y₀ and t = 4: 2y₀ = y₀e^(4k).4. Simplify: 2 = e^(4k).5. Take the natural logarithm: ln(2) = 4k.6. Solve for k: k = ln(2)/4 ≈ 0.173.
Answer: The growth constant k is approximately 0.173.
Correct Approach: Always include y₀.
Mistake: Confusing growth and decay.
Correct Approach: Remember k < 0 for decay.
Mistake: Incorrectly applying the formula.
Correct Approach: Ensure k and t are correctly identified.
Mistake: Not recognizing the differential equation.
Favored By: SAT, GRE
Short-Answer: Calculate the value of y after a given time.
Favored By: AP Calculus, University Exams
Problem-Solving: Derive the growth/decay constant k.
Question: If a quantity grows at a rate of 3% per year, and the initial quantity is 200, what is the quantity after 1 year? Options: A) 203 B) 206 C) 209 D) 212
Correct Answer: B) 206 Explanation: Use y = y₀eᵏᵗ with y₀ = 200, k = 0.03, t = 1.Why the Distractors Are Tempting: A) and C) are simple additions, D) is too high.
Question: A substance decays at a rate of 20% per year. If the initial amount is 300 grams, how much remains after 2 years? Options: A) 192 grams B) 200 grams C) 216 grams D) 240 grams
Correct Answer: A) 192 grams Explanation: Use y = y₀eᵏᵗ with y₀ = 300, k = -0.20, t = 2.Why the Distractors Are Tempting: B) and D) are incorrect calculations, C) is too high.
Question: If a population doubles in 5 years, what is the growth constant k? Options: A) 0.10 B) 0.14 C) 0.18 D) 0.22
Correct Answer: B) 0.14 Explanation: Use 2y₀ = y₀e^(5k) and solve for k.Why the Distractors Are Tempting: A) and C) are close but incorrect, D) is too high.
Question: A bacteria culture grows at a rate of 15% per hour. If the initial population is 100, what is the population after 3 hours? Options: A) 135 B) 145 C) 155 D) 165
Correct Answer: D) 165 Explanation: Use y = y₀eᵏᵗ with y₀ = 100, k = 0.15, t = 3.Why the Distractors Are Tempting: A), B), and C) are incorrect calculations.
Question: If a radioactive substance decays at a rate of 5% per year, and the initial amount is 400 grams, how much remains after 4 years? Options: A) 300 grams B) 320 grams C) 340 grams D) 360 grams
Correct Answer: B) 320 grams Explanation: Use y = y₀eᵏᵗ with y₀ = 400, k = -0.05, t = 4.Why the Distractors Are Tempting: A) and C) are incorrect calculations, D) is too high.
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