Logarithmic and Exponential Models
Real-world applications including compound interest, population growth, and radioactive decay
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Logarithmic and Exponential Models
Exponential Growth Model
The general exponential growth model is:
where:
- = amount at time
- = initial amount (at )
- = growth rate constant ( for growth)
- = time
- (Euler's number)
Finding the Growth Rate
If you know two data points, you can solve for :
- Substitute known values
- Divide by
- Take natural log of both sides
- Solve for
Exponential Decay Model
Same formula, but (negative):
where represents the decay rate.
Half-Life Formula
The half-life is the time it takes for half the substance to decay.
where is the half-life.
Relationship to :
Compound Interest Models
Compound Interest (n times per year)
where:
- = principal (initial investment)
- = annual interest rate (as decimal)
- = number of times compounded per year
- = time in years
Continuous Compounding
This is the limit as (compounding infinitely often).
Doubling Time
The time it takes for a quantity to double:
Doubling time:
Population Growth Models
Unlimited Growth (Malthusian)
Assumes unlimited resources (not realistic long-term).
Logistic Growth
where:
- = carrying capacity (maximum sustainable population)
- = constant based on initial conditions
- = growth rate
The population approaches as .
Newton's Law of Cooling
Temperature of an object over time:
where:
- = temperature at time
- = surrounding (ambient) temperature
- = initial temperature
- = cooling rate constant
Logarithmic Models
Some phenomena grow logarithmically:
Examples:
- Earthquake intensity (Richter scale)
- Sound intensity (decibels)
- pH scale (acidity)
Richter Scale
Earthquake magnitude:
where is intensity and is reference intensity.
An increase of 1 on the Richter scale means 10 times more intense!
Solving Applied Problems
General Strategy:
- Identify the type of model needed
- Write the equation with known values
- Solve for the unknown (often first, then answer the question)
- Check if the answer makes sense in context
📚 Practice Problems
1Problem 1medium
❓ Question:
A population of bacteria grows from 100 to 500 in 3 hours. Assuming exponential growth , find the growth rate and predict the population after 5 hours.
💡 Show Solution
Solution:
Part 1: Find
Given: , ,
Step 1: Write the equation.
Step 2: Divide by 100.
Step 3: Take natural log.
Step 4: Solve for .
Part 2: Find
Answers:
- Growth rate: per hour
- Population after 5 hours: approximately 1,458 bacteria
2Problem 2easy
❓ Question:
Invest $5,000 at 6% annual interest compounded monthly. How much will you have after 10 years?
💡 Show Solution
Solution:
Given:
- (principal)
- (6% as decimal)
- (monthly compounding)
- years
Step 1: Write the compound interest formula.
Step 2: Substitute values.
Step 3: Calculate.
Answer: You will have approximately $9,097 after 10 years.
3Problem 3hard
❓ Question:
Carbon-14 has a half-life of 5,730 years. If a fossil contains 25% of its original carbon-14, how old is the fossil?
💡 Show Solution
Solution:
Given:
- Half-life: years
- Current amount: (25% remaining)
Step 1: Write the half-life formula.
Step 2: Substitute known values.
Step 3: Divide by .
Step 4: Recognize that .
Step 5: Set exponents equal.
Step 6: Solve for .
Alternative method using logarithms:
Answer: The fossil is approximately 11,460 years old.
4Problem 4medium
❓ Question:
A bacteria population starts at 500 and doubles every 3 hours. Write an exponential model and find the population after 12 hours.
💡 Show Solution
Step 1: Use exponential growth model: P(t) = P₀ · 2^(t/d) where P₀ = initial amount, d = doubling time
Step 2: Identify values: P₀ = 500 d = 3 hours
Step 3: Write the model: P(t) = 500 · 2^(t/3)
Step 4: Find population at t = 12: P(12) = 500 · 2^(12/3) = 500 · 2⁴ = 500 · 16 = 8000
Answer: Model: P(t) = 500 · 2^(t/3); Population after 12 hours: 8000
5Problem 5hard
❓ Question:
The magnitude M of an earthquake is given by M = log(I/I₀), where I is the intensity and I₀ is a reference intensity. How many times more intense is an earthquake of magnitude 7 compared to one of magnitude 5?
💡 Show Solution
Step 1: Set up equations for both magnitudes: M₁ = 7 = log(I₁/I₀) M₂ = 5 = log(I₂/I₀)
Step 2: Convert to exponential form: 7 = log(I₁/I₀) → I₁/I₀ = 10⁷ 5 = log(I₂/I₀) → I₂/I₀ = 10⁵
Step 3: Find the ratio I₁/I₂: I₁ = I₀ · 10⁷ I₂ = I₀ · 10⁵
I₁/I₂ = (I₀ · 10⁷)/(I₀ · 10⁵) = 10⁷/10⁵ = 10² = 100
Step 4: Interpretation: An earthquake of magnitude 7 is 100 times more intense than an earthquake of magnitude 5.
Answer: 100 times more intense
⚠️ Common Mistakes: Logarithmic and Exponential Models
Avoid these 4 frequent errors
🌍 Real-World Applications: Logarithmic and Exponential Models
See how this math is used in the real world
📝 Worked Example: Related Rates — Expanding Circle
A stone is dropped into a still pond, creating a circular ripple. The radius of the ripple is increasing at a rate of cm/s. How fast is the area of the circle increasing when the radius is cm?
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