Discover how exponential functions can be used to model social, scientific, or personal finance situations. Population growth, radioactive decay, and loan interest rates are a few examples of naturally occurring exponential relationships. Learn how to model these situations using an exponential function to predict behavior, calculate half-life, or plan your budget.
In this lesson, I'll talk us through a couple of real-world problems which could be solved by setting up and graphing exponential functions (particularly, functions describing exponential growth and decay)!
