Exponential relations > Exponential growth
1234Exponential growth

Exercises

Exercise 1

The surface area covered by a fast growing water plant increases with 50% daily.

a

By what number should the surface area be multiplied if you want to know the area covered by plants tomorrow?

b

Does the covered surface area increase with 100% in two days? Or with another percentage? Explain.

c

Is this a case of exponential growth? Explain.

Exercise 2

Somebody buys a quantity of shares worth 4000 euros. The value of the shares yearly increases with 11% during the first four years.

a

Calculate the value of the shares after one year and after two years.

b

What is the growth rate of the value of the shares per year?

c

How can you use the value after two years to calculate the value after three years?

d

After four years the value is € 6072.28. How can you use this number and the growth rate to calculate the value after three years?

e

During the sixth year the value of the shares rises from € 6740.23 to € 7279.45. With what percentage did the value increase? What is the new growth rate?

Exercise 3

In a nature reserve there are 5000 deer in the year 2000. Counts have shown that this number decreases with 4% per year.

a

Make a formula for the 'growth' of the number of deer starting in the year 2000.

b

Calculate the number of deer in the year 2010.

c

In what year has the number of deer dropped to half the original number for the first time?

Exercise 4

A sum of € 10000 is invested in shares for 10 years. In the table you see the growth of the fortune in the first 6 years.

time in years 0 1 2 3 4 5 6
sum in euros 10415 10850 11295 11760 12250 12750 13280
a

Show that the sum grows approximately exponentially in the first 6 years.

The word "return" means the yearly growth of the invested amount expressed as a percentage.

b

Calculate the annual return for this period.

c

Make a table for a sum of € 10000 that is invested for 10 years at an annual return of 8%.

d

After how many years has the fortune doubled?

e

Somebody invests a sum of € 10000 during 10 years. Assume he gets an annual return of 14% during the first 5 years and an annual return of 4% over the next 5 years. Calculate the size of the sum K after 5 years and after 10 years.

f

Use a calculation to show whether an investor earns more with respect to the previous situation if the annual return is 4% the first 5 years and 14% the following 5 years.

Exercise 5

In two schools the number of students decreases:

year (counting date 1 sep.) 2005 2006 2007 2008 2009
number of students school 1 1050 998 948 900 855
number of students school 2 1050 1005 960 915 870
a

In one of the schools the number of students annually decreases with a fixed percentage. Which school and what percentage?

b

How does the decrease of the number of students in the other school behave?

c

School 2 seems to end up with more students in the end. Is this true?

d

In this situation it is not relevant to look at smaller time steps than a year. Why not?

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