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Lesson 8 of 8Exponential Functions
Unit 2 · Lesson 8 of 8

Exponential Growth and Decay Applications

Population growth, half-life, doubling time and depreciation are all modelled with — and equations with matching bases can be solved exactly by comparing exponents.

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Key things to remember

  1. 1General model: — growth if , decay if (or use for a stated percentage decrease).
  2. 2Half-life model: , where is the half-life.
  3. 3Doubling model: , where is the doubling time.
  4. 4Matching bases: if then — rewrite both sides as powers of the same base to solve exactly.
  5. 5Always keep and the rate's time period consistent (e.g. an annual rate needs measured in years).
  6. 6Percent change per period = base − 1: a base of is 8% decay; a base of is 7.5% growth.

Any quantity that changes by a fixed percentage every fixed time interval — rather than by a fixed amount — follows an exponential model. A population growing 3% per year, an investment earning 5% interest, a radioactive sample losing half its mass every few hours, a car losing 15% of its value every year: all of these use the same underlying structure. The skill in this lesson is translation. You read a sentence such as "the colony triples every 4 hours" or "the drug level falls by 18% each hour", turn it into an equation, use the equation to predict, and, when the unknown is the time, solve an exponential equation to find when something happens.

y = 0 (asymptote)y = 2ˣ growthy = (½)ˣ decayHalf-life staircase100502512.5
Fig 1Growth and decay models both take the form A = A₀(1 + r)ᵗ — only the sign and size of r differ.

The general growth/decay model

A₀ = initial amount, r = rate per time period (growth: r > 0, decay: r < 0), t = number of time periods.

Where does come from? If a population of grows by 3%, the new population is the old one plus 3% of it: . Each year multiplies by the same , so after years you have multiplied by a total of times: . For decay expressed as a percentage decrease, subtract instead: with (e.g. 15% depreciation means the base is , because 85% of the value survives each year). The base is the fraction that remains, never the rate by itself.

The words sayModelBase per period
grows 3% per year1.03
depreciates 15% per year0.85
doubles every 6 hours2 per 6 hours
triples every 4 years3 per 4 years
half-life of 5 hoursone half per 5 hours
Growth or decay? Read the base
A base above 1 means growth and a base between 0 and 1 means decay. The percent change per period is the base minus 1: loses , so 13% per year, while gains 7.5% per year. A negative exponent flips this: is decay, because (it halves every 3 units). The leading number never decides growth or decay: still grows 20% per period, and still decays 1% per period.

Half-life and doubling time

Some situations are described directly in terms of how long it takes to halve or double, rather than as a percentage rate. These use the same structure, but with the base built directly from the description. The exponent counts how many half-lives have passed: after 15 hours with a 5-hour half-life, half-lives have passed, so the amount has been halved three times, . The same logic works for doubling, tripling, or any "multiplies by every time units" pattern: . Carbon-14 dating, medication dosing and bacterial cultures in a lab all use exactly this form.

VideoAn Ontario Grade 11 Functions half-life problem that builds the model from the half-life and uses it to find how much of a substance remains.Watch on YouTube

Solving exponential equations by matching bases

If two exponential expressions with the same base are equal, then their exponents must be equal too — this lets you solve exactly, without logarithms, whenever both sides can be rewritten using a common base. It works because is always increasing or always decreasing, so it never gives the same output twice. This is how you answer "when?" questions. For an 80 mg sample with a 5-hour half-life, when is 10 mg left? Set , divide by 80 to isolate the power, , match exponents, , so hours.

Matching-base rule
If (same base , , ), then . Rewrite both sides as powers of the same base first — e.g. , — then set the exponents equal and solve.
  1. Isolate the power: undo any addition or multiplication outside it first. In , subtract 4 and divide by 3 to get .
  2. Write both sides with a common base. Know your powers: ; ; . Fractions and roots count too: and .
  3. Simplify with the power-of-a-power law, e.g. .
  4. Set the exponents equal and solve the resulting linear equation.
  5. Check by substituting back, and make sure the answer makes sense in context (a negative time or a fraction of a person needs a second look).
VideoSolves exponential equations by rewriting both sides with a common base and setting the exponents equal, including a case where one base is a fraction.Watch on YouTube

When there is no common base

Some equations cannot be matched: ("when will a 3% population double?") has no nice common base. In this course, solve these by systematic trial or from a graph or table: and , so it takes a little over 23 years. (Logarithms, which solve these exactly, arrive in Grade 12.) Whatever the method, keep in the same unit as the rate: a monthly rate needs in months, and a half-life in hours needs in hours. Finally, ask whether the answer is reasonable. A 3% population should take a couple of decades to double (the "rule of 72" estimate is years), a quantity with a 5-hour half-life should be under half its size after 6 hours, and a depreciating car can approach but never reach zero dollars. A model is also only trustworthy over a sensible range: no real population grows at 3% forever, because food and space run out.

Worked examples

Reveal one step at a time and try to beat it to the next line.

Example 1
A town of 12000 people grows at 3% per year. Find the population after 10 years, to the nearest person.
Example 2
A sample of 80 mg of a substance has a half-life of 5 hours. How much remains after 20 hours, and after how many hours will only 2.5 mg remain?
Example 3
Solve by matching bases.
Example 4
A car worth 24000 dollars depreciates 15% per year. Find its value after 6 years, to the nearest cent.

Where marks get lost

  • Using directly as the base instead of (or ) — e.g. writing instead of for 3% growth.
  • Mismatching the units of and the rate (using in months with an annual rate, without converting).
  • In half-life/doubling problems, forgetting to divide by the half-life or doubling time inside the exponent.
  • When matching bases, forgetting to apply the power-of-a-power rule correctly after rewriting one side (e.g. leaving instead of simplifying to ).
  • Matching bases before isolating the power: in you must divide by 3 first (, so ); combining it into is wrong because the 3 is not raised to the power .

Flashcards 9

Exponential growth/decay model
Percentage decay model
Half-life model
Doubling time model
+ 5 more

Practice

1
An investment of 5000 dollars grows at 4% per year. Find its value after 3 years, to the nearest cent.
dollars
2
Solve by matching bases.
3
A substance with half-life 3 hours starts at 100 g. How many grams remain after 9 hours?
g
4
Which base should be used for a quantity that decreases by 20% each period?
5
Solve by matching bases.
6
A car bought for 18000 dollars depreciates at 12% per year. What is its value after 4 years, to the nearest cent?
dollars
7
Solve by matching bases (write x as a fraction).
8
Order the steps to solve a doubling-time problem: a population of 200 doubles every 6 years — find the population after 18 years.
  1. 1Substitute :
  2. 2Evaluate: P(18) = 200(8) = 1600
  3. 3Simplify the exponent: P(18) = 200(2)³
  4. 4Set up the model
9
Match each description to the base per period.
grows 4% per period
decreases 4% per period
doubles each period
halves each period
10
A car's value is modelled by , with in years. What does the model describe?
11
Solve .
12
A bacteria culture of 500 cells doubles every 20 minutes. After how many minutes will there be 16000 cells?
min

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