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Exponential Functions
Chapter 1 Prerequisites for Calculus Section 1.3 Exponential Functions
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Quick Review
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Quick Review
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Quick Review
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Quick Review
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Quick Review
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Quick Review
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Quick Review Solutions
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Quick Review Solutions
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What you’ll learn about
Exponential functions Rules of exponents Applications of exponential functions (growth and decay) Compound interest The number e …and why Exponential functions model many growth patterns.
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Exponential Function
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Exponential Growth
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Exponential Growth
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Rules for Exponents
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Half-life Exponential functions can also model phenomena that produce decrease over time, such as happens with radioactive decay. The half-life of a radioactive substance is the amount of time it takes for half of the substance to change from its original radioactive state to a non-radioactive state by emitting energy in the form of radiation.
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Exponential Growth and Exponential Decay
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Example Finding Zeros
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Compound Interest Formula
If an account begins with principal P and earns an annual interest rate r compounded n times per year, then the value of the account in t years is
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The Number e
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The Number e
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Example The Number e
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Example The Number e
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Continuously Compounded Interest Formula
If an account begins with principal P and earns an annual interest rate r compounded continuously, then the value of the account in t years is
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Quick Quiz Sections 1.1 – 1.3
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Quick Quiz Sections 1.1 – 1.3
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Quick Quiz Sections 1.1 – 1.3
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Quick Quiz Sections 1.1 – 1.3
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Quick Quiz Sections 1.1 – 1.3
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Quick Quiz Sections 1.1 – 1.3
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