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4.2 Exponential Functions
Additional Properties of Exponents ax is a unique real number. ab = ac if and only if b = c. If a > 1 and m < n, then am < an. If 0 < a < 1 and m < n, then am > an. If a > 0, a 1, then f (x) = ax is the exponential function with base a.
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4.2 Graphs of Exponential Functions
Example Graph Determine the domain and range of f. Solution
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4.2 Graph of f (x) = ax, a > 1
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4.2 Graph of f (x) = ax, 0 < a < 1
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4.2 Comparing Graphs Example Explain why the graph of
is a reflection across the y-axis of the graph of Analytic Solution Show that g(x) = f (–x).
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4.2 Comparing Graphs Graphical Solution
The graph below indicates that g(x) is a reflection across the y-axis of f (x).
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4.2 Using Translations to Graph an Exponential Function
Example Explain how the graph of is obtained from the graph of Solution
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4.2 Exponential Equations (Type I)
Example Solve Solution Write with the same base. Set exponents equal and solve.
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4.2 The Natural Number e Named after Swiss mathematician Leonhard Euler e involves the expression e is an irrational number Since e is an important base, calculators are programmed to find powers of e.
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4.2 Compound Interest Recall simple earned interest where
P is the principal (or initial investment), r is the annual interest rate, and t is the number of years. If A is the final balance at the end of each year, then
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4.2 Compound Interest Formula
Example Suppose that $1000 is invested at an annual rate of 8%, compounded quarterly. Find the total amount in the account after 10 years if no withdrawals are made. Solution . Suppose that a principal of P dollars is invested at an annual interest rate r (as a decimal), compounded n times per year. Then, the amount A accumulated after t years is given by the formula
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4.2 Continuous Compounding Formula
Example Suppose $5000 is deposited in an account paying 8% compounded continuously for 5 years. Find the total amount on deposit at the end of 5 years. Solution If P dollars is deposited at a rate of interest r compounded continuously for t years, the final amount A in dollars on deposit is
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4.2 Modeling the Risk of Alzheimer’s Disease
Example The chances of dying of influenza or pneumonia increase exponentially after age 55 according to the function defined by where r is the risk (in decimal form) at age 55 and x is the number of years greater than 55. What is the risk at age 75? Solution
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