M 112 Short Course in Calculus Chapter 1 – Functions and Change Sections 1.7 – Exponential Growth and Decay V. J. Motto

Example 1 (page 51) 2/19/2016 2

Example 1 (continued) 2/19/20163

Example 2 (page 51) 2/19/2016 4

Example 2 (continued) 2/19/20165

Doubling Time and Half-Life Example 3 (page 52) 2/19/20166

Example 4: (page 52) 2/19/20167

Financial Applications: Compount Interest Generalized Formula The TI-83/84 calculator has financial applications that you can use. These applications are downloadable from the TI website. 2/19/20168

Example 5: (page 53) 2/19/20169 The financial application is available for TI-89 calculator from the Texas Instrument web site. Often times it is easier just to do the calculation. Let’s do that now together.

Example 6: (page 53) 2/19/201610

Example 7: (page 54) 2/19/201611

Example 7: (continued) 2/19/201612

Present and Future Value - 1 2/19/201613

Present and Future Values - 2 2/19/201614

Example 8: (page 55) 2/19/201615

Example 8: (continued) 2/19/201616