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Exponential and Logarithmic Models
Section 3.5 Precalculus PreAP/Dual, Revised ยฉ2018 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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Compound Interest Equation
๐จ = Total Amount Earned ๐ท = Principle ๐ = Interest Rate ๐ = Compounded Amount ๐ = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Video 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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Compounded Time Frames
Annually: 1 time a year Semi-Annually: 2 times a year Quarterly: 4 times a year (not THREE TIMES a year) Monthly: 12 times a year Daily: 365 times a year 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 1 $๐,๐๐๐ is deposited in an account that pays ๐% annual interest compounded quarterly. Find the balance after 25 years. ๐จ= ? How much it is when the balance after 25 years? ๐ท=$๐,๐๐๐ $5,000 is deposited ๐=๐.๐๐ Interest Rate โ remember it needs to be in decimal form ๐=๐ Compounded quarterly ๐=๐๐ Time it takes to accrue amount 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 1 $๐,๐๐๐ is deposited in an account that pays ๐% annual interest compounded quarterly. Find the balance after 25 years. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 2 Determine the amount that a $5,000 investment over ten years at an annual interest rate of 4.8% is worth compounded daily. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 3 How much must you deposit in an account that pays 6.5% interest, compounded quarterly, to have a balance of $5,000 in 15 years? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn A deposit is made for $100,000 into an account that pays 6% interest. Find the balance after 10 years if the interest is compounded monthly. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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Compounded Continuously
๐จ = Total Amount Earned ๐ท = Principle ๐ = The Natural Base ๐ = Interest Rate ๐ = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 4 A deposit is made for $100,000 into an account that pays 6% interest. Find the balance after 10 years if the interest is compounded continuously. ๐จ = ?? ๐ท = $100,000 ๐ = Use e in Calc ๐ = 0.06 ๐ = 10 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 5 An investment of $3,500 at 3% annual interest compounded continuously was made. How much is in the account after 4 years? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn Suppose that you put in $1,000 into a savings account that compounded continuously. Determine the amount with an interest rate of 5.1% after 10 years. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 6 You have deposited $500 in an account that pays 6.75% interest, compounded continuously. How long will it take your money to double? Doubled Amount 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 6 You have deposited $500 in an account that pays 6.75% interest, compounded continuously. How long will it take your money to double? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn How long will it take $30,000 to accumulate to $110,000 in a trust that earns a 10% annual return compounded continuously? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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Exponential Growth/Decay
๐ท = Ending Amount ๐ท ๐ = Initial Amount ๐ = The Natural Base ๐ = Growth or Decay Rate ๐ = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 7 A certain bacterium has an exponential growth rate of 25% per day. If we start with 0.5 grams and provide unlimited resources how much bacteria can we grow in 14 days? ๐ท = ?? ๐ท๐ = 0.5 ๐ = The Natural Base ๐ = 0.25 ๐ = 14 days P = Ending Amount P0 = Initial Amount e = The Natural Base k = Growth or Decay Rate t = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 8 What is the total amount of bacteria when the initial amount of bacteria is 300, ๐=๐.๐๐๐, and the time studied is 52 hours? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn At the start of an experiment, there are 100 bacteria. If the bacteria follow an exponential growth pattern with rate ๐=๐.๐๐, what will be the population after 5 hours? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 9 During its exponential growth phase, a certain bacterium can grow from 5,000 cells to 12,000 cells in 10 hours. What is the growth rate? P = 12,000 P0 = 5,000 ๐ = The Natural Base k = ?? t = 10 P = Ending Amount P0= Initial Amount e = The Natural Base k = Growth or Decay Rate t = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 9 During its exponential growth phase, a certain bacterium can grow from 5,000 cells to 12,000 cells in 10 hours. What is the growth rate? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 10 During its exponential growth phase, a certain bacterium can grow from 5,000 cells to 15,000 cells in 12 hours. What is the growth rate? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn The population of a certain city in 2000 was 99,500. What is its initial population in 1975 when its growth rate is at Round to the nearest whole number. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 11 If certain isotope has a half-life of 4.2 days. How long will it take for a 150 milligram sample to decay so that only 10 milligrams are left? ๐ท = 75 ๐ท๐ = 150 ๐ = The Natural Base ๐ = ?? ๐ = 4.2 P = Ending Amount P0= Initial Amount e = The Natural Base k = Growth or Decay Rate t = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 11 If certain isotope has a half-life of 4.2 days. How long will it take for a 150 milligram sample to decay so that only 10 milligrams are left? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 11 If certain isotope has a half-life of 4.2 days. How long will it take for a 150 milligram sample to decay so that only 10 milligrams are left? ๐ท = 10 ๐ท๐ = 150 ๐ = The Natural Base ๐ = โ.1650 ๐ = ?? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 12 The half-life of carbon-14 is 5,730 years. The skeleton of a mastodon has 42% of its original Carbon-14. When did the mastodon die? ๐ท = ยฝ (half life) ๐ท๐ = 1 (full life) ๐ = The Natural Base ๐ = ?? ๐ = 5,730 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 12 The half-life of carbon-14 is 5,730 years. The skeleton of a mastodon has 42% of its original Carbon-14. When did the mastodon die? ๐ท = 0.42 (total left) ๐ท๐ = 1 ๐ = The Natural Base ๐ = (ln 0.5)/5730 ๐ = ?? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn The half-life of carbon-14 is 5,730 years. If it is determined that an old bone contains ๐๐% of its original carbon-14, how old is the bone? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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Newtonโs Law of Cooling
๐ป ๐ญ = Final Temperature ๐ป ๐น = Temperature of the Environment ๐ป ๐ = Initial Temperature of the Object ๐ = The Natural Base ๐ = Growth or Decay Rate ๐ = Time 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 13 A container of ice cream arrives home from the supermarket at a temperature of ๐๐ยฐ๐ญ. It is placed in the freezer which has a temperature of ๐๐ยฐ๐ญ. Determine the final temperature at which it will be still considered โfreezing,โ if the rate of change is ๐.๐๐๐ยฐ๐ญ per minute for ๐๐.๐๐ minutes. TF = Final Temperature TR = Environment Temp T0 = Initial Temperature e = The Natural Base k = Growth or Decay Rate t = Time ๐ป๐ญ = ?? ๐ป๐น = 20ยฐ ๐ป๐ = 65ยฐ ๐ = The Natural Base ๐ = 0.107 ๐ = 12.35 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn The cooling model for tea served in a 6 oz. cup uses Newtonโs Law of Cooling equation. The original temperature was ๐๐๐ยฐ๐ญ and current environment temperature of the tea is at ๐๐ยฐ๐ญ. Determine the temperature if the decay rate is at ๐.๐๐ per minute and waiting time is 6 minutes. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 14 When an object is removed from a furnace and placed in an environment with a constant decay rate of ๐.๐๐๐๐ and the room temperature of ๐๐ยฐ๐ญ, its core temperature is ๐๐๐๐ยฐ๐ญ. If the final temperature is at ๐๐๐ยฐ๐ญ, about how long is it out of the furnace (in hours)? TF = Final Temperature TR = Environment Temp T0 = Initial Temperature e = The Natural Base k = Growth or Decay Rate t = Time ๐ป๐ญ = ๐๐๐ยฐ ๐ป๐น = ๐๐ยฐ ๐ป๐ = ๐๐๐๐ยฐ ๐ = The Natural Base ๐ = ๐.๐๐๐๐ ๐ = ?? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 14 When an object is removed from a furnace and placed in an environment with a constant decay rate of ๐.๐๐๐๐ and the room temperature of ๐๐ยฐ๐ญ, its core temperature is ๐๐๐๐ยฐ๐ญ. If the final temperature is at ๐๐๐ยฐ๐ญ, about how long is it out of the furnace (in hours)? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Example 14 Pete was driving on a hot day when the car starts overheating and stops running. It overheats to ๐๐๐ยฐ๐ญ and can be driven again at ๐๐๐ยฐ๐ญ. Suppose it takes ๐๐ minutes until Pete can drive if is ๐๐ยฐ๐ญ outside, what is the decay factor? Round to three decimal places. 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Your Turn Devin baked a yam at ๐๐๐ยฐ, and when Devin removed it from the oven, he let the yam cool, which has a room temperature of ๐๐ยฐ๐ญ. After ๐๐ minutes, the yam has cooled to ๐๐๐ยฐ๐ญ. What is the decay factor? 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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ยง3.5: Exponential and Logarithmic Models
Assignment Worksheet 2/27/2019 6:28 AM ยง3.5: Exponential and Logarithmic Models
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