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Populations, radioactive decay, cooling, compound interest — anything that grows or shrinks at a rate proportional to its size is modelled exponentially. This lesson interprets such models and their parameters.
What you'll be able to do
Exponential models usually take the form . Here is the initial amount (at ), and controls the rate: positive is growth, negative is decay.
Substitute the given time to find the amount, or the initial value by setting (which makes ).
Tip — The starting value is always the coefficient in front, because e⁰ = 1.
The constant in the front is the initial value; the sign of the exponent constant tells you growth vs decay; its size controls how fast. As , a decay model tends to while a growth model increases without bound.
Formula recap
Common mistakes to avoid
Key takeaways
Test yourself
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