Exponential Model
- y=Cekt
- C: initial value
- k: constant of proportionality (exp growth if >0, exp decay if <0)
- t: amount of time (any unit of time)
- Solution to the differential equation dtdy=ky
Solving
- Given one data point
- Plug in the initial amount and ordered pair (t,y)
- Solve for the k value
- Solve for what the problem is asking
- Given two data points
- Plug both data points into their own equations
- Divide the equations by each other
- Solve for the k value in the divided equation
- Solve for what the problem is asking