In this project, you will first choose a topic and write a short paper analyzing

In this project, you will first choose a topic and write a short paper analyzing that function and contextualizing the half-life/doubling time of the function using logarithms. You will be writing a paper (at least one full page, double spaced with conventional margin sizes) that needs to discuss the following:1.) Why you chose the application you selected.2.) State and explain the contextual significance of the initial value and growth/decay factor (using percentages) of the model given.3.) State and explain the contextual significance of the horizontal asymptote of the model given.4.) Use logarithms to compute the half-life (in the case of exponential decay) or doubling time (in the case of exponential growth) and explain the contextual significance of this value. (The computation “scratchwork” should be included either in the PDF file of the paper or should be submitted as a separate image file). Be sure to refer to the rubric for the distribution of points in the grading