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Form
                                                                                                            5
                                                             Chapter 8 Mathematical Modeling   Mathematics
                      (a)  Exponential growth model                Use the constructed model to solve the problem.
                          The  exponential  function  shows  growth  if    y = 19 000(1 + 0.15) 9
                          a . 0 and b . 1.
                          The exponential growth model:              = 66 839.6495
                                                                   y ≈ 66 840
                                      y = a(1 + r) t               Thus, the population of the city in the 9th year is
                                                                   66 840 people.
                          where  a = the initial value
                                r = the growth rate                 Try questions 7 & 8 in Formative Zone 8.1
                                t = the time
                                           y
                                                                      Example 12
                                          3
                                                                   The value of a car worth RM350 000 will be
                                          2
                                                                   depreciated every year by 11%.
                                          1                        (a)  If y represents the value of the car, in RM, for
                                                                      t  years, model the situation.
                                                    t              (b)  What is the value of the car after 9 years?
                                   –2  –1  0   1
                                                                    Solution:
                      (b)  Exponential decay model                 (a)  The initial value is 350 000, that is,
                          The  exponential  function  shows  decay  if     a = 350  000.
                          a . 0 and 0 , b , 1.                        The decay rate is 11%, that is, r = 0.11.
                          The exponential decay model:                Thus, the exponential decay model is
                                                                      y = 350 000(1 – 0.11) t
                                       y = a(1 – r) t                 y = 350 000(0.89) t
                                                                                    9
                          where  a = the initial value             (b)  y = 350 000(0.89)
                                                                        = 122 624.7413

                                r = the decay rate                    y ≈ 122 624.74
                                t = the time

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                                                                      Thus, the value  of the car after  9 years is

                                        y                             RM122 624.74.
                                                                    Try question 9 in Formative Zone 8.1
                                       3
                                       2
                                                                   8.  The  compound  interest  model  is  the  interest
                                       1                             calculated  with  the  reference  to  the  original
                                                                     principal  as  well  as  the  accumulated  interest
                                                     t
                                    –1  0   1   2                    from the previous retention period.

                                                                   9.  The compound interest model:
                                                                                            r
                                                                                        1
                       Example 11                                                 A(t) = P 1 + — 2 nt
                                                                                            n
                    The population of a city is expected to increase by
                    15% annually. The population of today is 19  000   where  A(t) = the amount of savings after t years
                    people. State the model involved and hence find           P = the principal of the savings
                    the population of the city in the 9th year.               r =  the yearly interest rate
                                                                              n =  the number of interests being
                     Solution:                                                   compound per year
                    The initial value is 19 000, that is, a = 19 000.         t = the number of years
                    The growth rate is 15%, that is, r = 0.15.
                    Hence, the exponential growth model is
                    y = 19 000(1 + 0.15) t                                                                    CHAP.
                                                                                                               8




 422               8.1.2                                                                                423




         C08 SpotlightA+ Mathematics F5.indd   423                                                     03/03/2021   4:59 PM
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