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Section 1.2 Modeling Growth and Decay

Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

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Page 1: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Section 1.2

Modeling Growth and Decay

Page 2: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Example AAn automobile depreciates, or loses value,

as it gets older. Suppose that a particular automobile loses one-fifth of its value each year. Write a recursive formula to find the value of this car when it is 6 years old, if it cost $23,999 when it was new.The value of the car has depreciated by one-fifth of its value. Why can we say that its current value is one minus one-fifth or four-fifths of its value?123999 23999

51

23999 15

423999

5

Page 3: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

We can write this sequence as:

0 23,999u

1

4, where 1

5n nu u n

Example AAn automobile depreciates, or loses value,

as it gets older. Suppose that a particular automobile loses one-fifth of its value each year. Write a recursive formula to find the value of this car when it is 6 years old, if it cost $23,999 when it was new.

Page 4: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Use your calculator to generate this series of numbers.

Page 5: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Looking for the ReboundWhen you drop a ball, the rebound height

becomes smaller after each bounce. In this investigation you will write a recursive formula for the height of a real ball as it bounces.

1. Hold the motion sensor above the ball.2. Press the trigger, then release the ball.3. If the ball drifts, try to follow it and maintain the same height with the motion sensor.4. If you do not capture at least 6 good consecutive bounces, repeat the procedure.

Page 6: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Step 1: Set up your calculator and motion sensor collect bouncing-ball data.

Step 2: The data transferred to your calculator are in the form (x, y), where x is the time since you pressed the trigger, and y is the height of the ball. Trace the data graphed by your calculator to find the starting height and the rebound height after each bounce. Record your data in a table. Enter the data in your graphing calculator.

Page 7: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Step 3: Graph a scatter plot of points in the form (bounce number, rebound height). Record the graphing window you use.

Page 8: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Step 4: Compute the rebound ratio for consecutive bounces using your graphing calculator and the spreadsheet. Define cell c1=b2/b1. Copy and fill this formula down column C.

rebound heightprevious rebound height

rebound ratio

Page 9: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Decide on a single value that best represents the rebound ratio for your ball. Use this ratio to write a recursive formula that models your sequence of rebound height data, and use it to generate the first six terms.

1

1.081

0.70 , 1o

n n

u

u u where n

If the rebound ratio is 0.70 and the initial height is 1.081, then

Page 10: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Compare your experimental data to the terms generated by your recursive formula.

How close are they?

Page 11: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Describe some of the factors that might affect this experiment. For example, how might the formula change if you used a different kind of ball?

Page 12: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

You may find it easier to think of the common ratio as the whole, 1, plus or minus a percent change. In place of r you can write (1 + p) or (1- p).

When the car was depreciated it lost 20% of its value or it was now worth (1-0.20) of its original value.

When the ball bounced to a new height that was 64% of it original height, the ball lost 1-0.64 of its original height.

Page 13: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Example BGloria deposits $2,000 into a bank account

that pays 7% annual interest compounded annually. This means the bank pays her 7% of her account balance as interest at the end of each year, and she leaves the original amount and the interest in the account. When will the original deposit double in value?

The balance starts at $2,000 and increases by 7% each year.

1 1

1

2000

0.07

1 0.07 , 1

o

n n n

n n

u

u u u

u u where n

Page 14: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Use your calculator to compute year-end balances recursively.

It will take about 11 years for the money to double.

Page 15: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Use your calculator to set up a spreadsheet to compute year-end balances recursively.

It will take about 11 years for the money to double.

Page 16: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Create a scatter plot of the data in your spreadsheet.

Page 17: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

What kind of sequences did you see in Examples A and B?Geometric Sequences

How do these sequences compare with one another? Car Depreciation – decreasing geometric

sequence (decay)Bouncing Ball – decreasing geometric

sequence (decay)Bank Account – increasing geometric

sequence (growth)

Page 18: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

Additional Examples1. You buy a pair of limited edition shoes,

then immediately sell them on an online auction site. The bidding starts at $100 and each bid pushes the price up by 15%. Make a table. If the 10th bidder purchases the shoes, how much does that person pay?

Page 19: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

2. Rewrite the expression so that the variable, , appears only once.

-1 1  2n nu u

-1 1

1

1

  2

1  2

3

n n

n

n

u u

u

u

-1  nu

Page 20: Section 1.2 Modeling Growth and Decay. Example A An automobile depreciates, or loses value, as it gets older. Suppose that a particular automobile loses

3. Write a recursive formula for the height of a ball that is dropped from 150 cm and has a 60% rebound ratio.

0

-1

  150

0.60  ,   1n n

u

u u where n