Introduction to Exponential Growth and Decay | Exponential Growth Word Problems |
Solving Exponential Growth Problems Using Differential Equations |
We can use Calculus to measure Exponential Growth and Decay by using Differential Equations and Separation of Variables. Note that we studied Exponential Functions here and Differential Equations here in earlier sections.
Introduction to Exponential Growth and Decay
Remember that Exponential Growth or Decay means something is increasing or decreasing at an exponential rate (faster than if it were linear). We usually see Exponential Growth and Decay problems relating to populations, bacteria, temperature, and so on, usually as a function of time.
Solving Exponential Growth Problems using Differential Equations
It turns out that if a function is exponential, as many applications are, the rate of change of a variable is proportional to the value of that variable. Thus, $ \displaystyle \frac{{dy}}{{dt}}=ky$ or $ {y}’=ky$. This is where the Calculus comes in: we can use a differential equation to get the following:
Here’s how we got to this equation (using a Differential Equation), which is good to know for future problems. Note that since $ {{e}^{C}}$ is a constant, we can just turn this into another constant “$ C$”. (Note that $ y>0$.)
$ \displaystyle \frac{{dy}}{{dt}}=ky;\,\,\,dy=ky\cdot dt$
$ \displaystyle \frac{{dy}}{y}=k\,dt;\,\,\,\int{{\frac{1}{y}\,dy}}=\int{{kdt}}$
$ \displaystyle \begin{array}{c}\ln \left( y \right)=kt+{{C}_{1}}\\{{e}^{{\ln \left( y \right)}}}={{e}^{{kt+{{C}_{1}}}}}\\y={{e}^{{kt}}}\cdot {{e}^{{{{C}_{1}}}}}={{e}^{{kt}}}\cdot C=C{{e}^{{kt}}}\end{array}$
Before we get into the Exponential Growth problems, let’s do a few practice differential equation problems using Separation of Variables. Remember that we can cross-multiply to get started:
Use this same technique to solve an Exponential Growth problem:
Exponential Growth Word Problems
Now let’s do some Exponential Growth and Decay Calculus problems:
Here are a few more Exponential Growth problems:
Learn these rules and practice, practice, practice!
On to Derivatives and Integrals of Inverse Trig Functions — you are ready!