Question
Choose an abstract situation such as credit cards/interest rates, population growth/decay, or other growth/decay models. Be thorough and provide step by step by step details
Choose an abstract situation such as credit cards/interest rates, population growth/decay, or other growth/decay models.
Be thorough and provide step by step by step details for all questions
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Describe using multiple representations (graphs) how and where you see exponential growth in your chosen situation. What does the output of your situation represent?
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Create an explicit exponential function that models your chosen situation.
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Estimate the value of x within a maximum error of 0.5 when f(x)=1000. Describe clearly how you made your estimate considering multiple representations. In some situations the 1000 might not make complete sense. Provide a reasonable explanation to correct for this potential issue should it happen to you.
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Set up an equation or an expression that would enable you to directly and precisely calculate the value of x when f(x)=1000.
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