Exponential Growth and Decay is exactly how it sounds, growth and decay of something (usually population) using the exponential function! In the growth model, we will explore what happens when there is a positive exponent. This is part of the Prelim Maths Extension 1 Syllabus from the topic Calculus: Rates of Change. In this post we will explore Exponential growth and decay growth model Here we will learn to establish the simple growth model, = , where is the size of the physical quantity, = () at time and is the growth constant.
Relevant equations for this topic are as follows:
Part 1
Part 2
