Exponential growth can be modeled using an exponential function of the form:
yA = P(a)^x
P = initial value of y
x = time or any value for x
a = multiplication factor
If a > 1 then the function y is an exponential growth where a = 1 + r
and r is the growth rate as a decimal number.
This document discusses applied problems that relate to exponential growth. The ideas have been laid out so that they are easy to follow. Questions and answers are given and step by step solutions are also presented.