Name a situation that is exponential - involves exponents:
1 answer
A situation that involves exponents and is exponential is population growth. In a situation where a population continues to grow at a constant rate, the number of individuals in the population can be modeled by an exponential function, such as P(t) = P₀ * (1 + r)^t, where P₀ is the initial population, r is the growth rate, and t is the time. As time goes on, the population increases at an increasingly rapid rate due to the compounding effect of exponential growth.