exponential function rate of change   Consider a function P(x) = 5.4 (1.05)^x   a) explain what the 5.4 represents using P(0) = 5.4   also explain what the 1.05^x represents by comparing  P(0) = 5.4 (1.05)^0 = 5.4 P(1) = 5.4 (1.05)^1 = 5.4 * 1.05 P(2) = 5.4 (1.05)^2 = 5.4 * 1.05^2   b) Find the (Delta) P, the change in populatiion between P(4) and P(5) {i.e.  (Delta) P = P(5) - P(4) } What is the percent change?  How does this relate to the 1.05 in the equation?   Find the (Delta) P, the change in populatiion between P(8) and P(9) {i.e.  (Delta) P = P(9) - P(8) } What is the percent change?  How does this relate to the 1.05 in the equation?   c) What will be the percent change from P(a) to P(a+1) [It is the same for any value of a] If P(a) = 115, find P(a+1) and P(a+2)

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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exponential function rate of change

 

Consider a function P(x) = 5.4 (1.05)^x

 

a) explain what the 5.4 represents using P(0) = 5.4

 

also explain what the 1.05^x represents by comparing 

P(0) = 5.4 (1.05)^0 = 5.4

P(1) = 5.4 (1.05)^1 = 5.4 * 1.05

P(2) = 5.4 (1.05)^2 = 5.4 * 1.05^2

 

b) Find the (Delta) P, the change in populatiion between

P(4) and P(5)

{i.e.  (Delta) P = P(5) - P(4) }

What is the percent change?  How does this relate to the 1.05 in the equation?

 

Find the (Delta) P, the change in populatiion between

P(8) and P(9)

{i.e.  (Delta) P = P(9) - P(8) }

What is the percent change?  How does this relate to the 1.05 in the equation?

 

c) What will be the percent change from P(a) to P(a+1)

[It is the same for any value of a]

If P(a) = 115, find P(a+1) and P(a+2)

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