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We know that folding a piece of paper and actually traveling to the moon is comp

ID: 3149211 • Letter: W

Question

We know that folding a piece of paper and actually traveling to the moon is completely impossible and Paenza is describing this hypothetical look at exponential growth to get you thinking. There are many instances in the world we live in where exponential growth patterns exist.
In your discussion post, think about some examples of exponential growth in the real world. They might be examples from science, medicine, or finances. Share two examples of exponential growth, and include a description of who would benefit from the information found in these examples. Also include, two examples of career and jobs that would be difficult to work in if you didn’t understand exponential growth. Describe why it would be difficult in these specific examples. We know that folding a piece of paper and actually traveling to the moon is completely impossible and Paenza is describing this hypothetical look at exponential growth to get you thinking. There are many instances in the world we live in where exponential growth patterns exist.
In your discussion post, think about some examples of exponential growth in the real world. They might be examples from science, medicine, or finances. Share two examples of exponential growth, and include a description of who would benefit from the information found in these examples. Also include, two examples of career and jobs that would be difficult to work in if you didn’t understand exponential growth. Describe why it would be difficult in these specific examples.
In your discussion post, think about some examples of exponential growth in the real world. They might be examples from science, medicine, or finances. Share two examples of exponential growth, and include a description of who would benefit from the information found in these examples. Also include, two examples of career and jobs that would be difficult to work in if you didn’t understand exponential growth. Describe why it would be difficult in these specific examples.

Explanation / Answer

1.In real world if we see the population growth of the species rabbits increasing at the rate of 200%.

We can describe it in exponential form.

YEAR Rabbits   

0 20.(5)=5

1 21.(5)=10

2 22.(5)=20

3 23.(5)=40

. .

.................................

2.exponential growth in compound interest

Ex: if you deposit $2000 in an account that has 3.5% annual interest.fimd the balance after two years of the interest is compounded monthly and weekly.

Ans: A=p(1+(r/n))nt in this p=actual amount, r=rate of interest in decimal ,n=no of times compounded year

That means semi annually n=2,,quarterly n=4,,monthly n=12

Weekly n=52,,daily n=365

t=number of years, A=balance after t years

monthly=2900(1+(0.035/12))12*2==>3109.96

Weekly=2900(1+(0.035/52))52*2==>3110.20

.

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