What are examples of exponential functions in real life?

Exponential Growth and Decay 1. Putting money in a savings account 2. 1. The initial amount will earn interest according to a set rate, usually compounded after a set amount of time. For example, a $2000 deposit, earning . read more

There are many examples of exponential growth and decay in real life; but they are typically veiled from our common experience. 5.1k Views · View Upvoters Alon Amit, PhD in Mathematics; Mathcircler. read more

Quick Answer. The unrestricted growth of bacteria is an example of exponential population growth. Bank accounts that accrue interest represent another example of exponential growth. The mathematical model of exponential growth is used to describe real-world situations in population biology, finance and other fields. read more

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. read more