Math Problem Statement

Given the exponential function, determine the initial value and rate of change as a percent for each function: f(x) = 3621(0.77)^x, h(x) = 4369(1.045)^x, g(x) = 737(1.03)^x, p(t) = 2822(3)^t, f(x) = 3999(1.18)^x, and d(t) = 3540(0.91)^t.

Solution

The image shows a table where you need to determine the initial value and the growth or decay rate as a percentage for each exponential function.

The general form of an exponential function is:

f(x)=a(b)xf(x) = a \cdot (b)^x

Where:

  • aa is the initial value.
  • bb is the growth or decay factor.
    • If b>1b > 1, it's a growth factor.
    • If b<1b < 1, it's a decay factor.

To find the growth or decay rate as a percentage: Growth/Decay Rate=(b1)×100%\text{Growth/Decay Rate} = (b - 1) \times 100\%

Now, let’s analyze each function:

  1. f(x)=3621(0.77)xf(x) = 3621(0.77)^x

    • Initial value: a=3621a = 3621
    • Decay factor: b=0.77b = 0.77
    • Decay rate: (0.771)×100=23%(0.77 - 1) \times 100 = -23\%
  2. h(x)=4369(1.045)xh(x) = 4369(1.045)^x

    • Initial value: a=4369a = 4369
    • Growth factor: b=1.045b = 1.045
    • Growth rate: (1.0451)×100=4.5%(1.045 - 1) \times 100 = 4.5\%
  3. g(x)=737(1.03)xg(x) = 737(1.03)^x

    • Initial value: a=737a = 737
    • Growth factor: b=1.03b = 1.03
    • Growth rate: (1.031)×100=3%(1.03 - 1) \times 100 = 3\%
  4. p(t)=2822(3)tp(t) = 2822(3)^t

    • Initial value: a=2822a = 2822
    • Growth factor: b=3b = 3
    • Growth rate: (31)×100=200%(3 - 1) \times 100 = 200\%
  5. f(x)=3999(1.18)xf(x) = 3999(1.18)^x

    • Initial value: a=3999a = 3999
    • Growth factor: b=1.18b = 1.18
    • Growth rate: (1.181)×100=18%(1.18 - 1) \times 100 = 18\%
  6. d(t)=3540(0.91)td(t) = 3540(0.91)^t

    • Initial value: a=3540a = 3540
    • Decay factor: b=0.91b = 0.91
    • Decay rate: (0.911)×100=9%(0.91 - 1) \times 100 = -9\%

Let me know if you would like any clarifications or further details!

Here are 5 related questions you might want to explore:

  1. What is the difference between growth and decay in exponential functions?
  2. How do changes in the base bb affect the graph of an exponential function?
  3. Can exponential decay models be used for financial predictions?
  4. What is the role of time tt or xx in exponential growth models?
  5. How do you convert exponential growth to continuous growth models?

Tip: When interpreting an exponential function, always check whether the base is greater or less than 1 to determine growth or decay.

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Math Problem Analysis

Mathematical Concepts

Exponential functions
Growth and decay rates
Algebra

Formulas

Exponential function: f(x) = a * (b)^x
Growth/Decay Rate as a percentage: (b - 1) * 100%

Theorems

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Suitable Grade Level

Grades 9-12