Example 1
Write an exponential function of continuous growth, with an initial amount of 120 and an annual growth rate of 7%.
Example 2
Find f(5) in the function f(x) = 120e0.07t.
Example 3
What famous limit does the ex represent?
Example 4
What type of growth does the ex function represent?
Example 5
Find the population of The Shmoop Coop, a large free-range chicken house that starts with a meager 50,000 chickens and has continuous growth rate of 12% over a period of 2 years.