Exponential Growth
Solution


Use: f(t) = f(0) ekt k is constant; t is time.
First find value of the constant k.
Enter value for 2 days into: f(t) = f(0) ekt
2,000,000 = 1,000,000 ek2
2 = ek2
ln2 = 2 k
k = ln 22

Now use k in original formula with 7 days
f(t) = f(0) ekt
f(7) = 1,000,000 e(ln 22 * 7)
f(7) = 1,000,000 e(ln2 * 72)
f(7) = 1,000,000 * 27/2
f(7) = 1,000,000 * 11.313709 ≈ 11,313,709


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