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7-6 & 7-7 Exponential Functions
Evaluate and graph exponential functions
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A function in the form of
Exponential function A function in the form of y = πβπ π₯ Examples:
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π¦=πβ π π₯ The base & when b>1, called the Growth factor
Exponential Growth, modeled by the following y = aβ π π₯ Initial amount (this is when x = 0) π¦=πβ π π₯ exponent The base & when b>1, called the Growth factor (1 + the percent rate written as a decimal)
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π¦=πβ π π₯ Initial amount (this is when x = 0)
Exponential Decay Initial amount (this is when x = 0) π¦=πβ π π₯ exponent The base is the decay factor (1 β percent rate written as a decimal)
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x What is the graph of y = 3β 2 π₯ ? y = 3β 2 π₯ y = 3β 2 β2 y = 3β 2 β1
(x, y) -2 -1 1 2 y = 3β 2 β2 (-2, 3 4 ) y = 3β 2 β1 (-1, ) cc y = 3β 2 0 (0, 3) y = 3β 2 1 (1, 6) y = 3β 2 2 (2, 12)
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ANSWER: EXPONENTIAL FUNCTION. B. y = 3x ANSWER: LINEAR FUNCTION.
Does the table or rule represent a linear or an exponential function? A. ANSWER: EXPONENTIAL FUNCTION. B. y = 3x ANSWER: LINEAR FUNCTION.
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Suppose 30 flour beetles are left undisturbed in a warehouse bin.
The beetle population doubles each week. The function f(x) = 30β 2 π₯ gives the population after x weeks. How many beetles will there be after 56 days? f(x) = 30β 2 π₯ What does x represent? = 30β 2 8 = 30β256 = 7680 Answer: after 56 days, there will be 7,680 beetles.
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Evaluate the function for the given value.
π¦= 3β4 π₯ for x = 3 π¦= 3β4 ( ) 3 π¦= 3β64 π¦=192
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π¦=πβ π π₯ π¦=360β 1.07 10 π¦=708.174488 π¦=$708 billion Let y =
Since 2005, the amount of money spent at restaurants in the US has increased about 7% each year. In 2005, about $360 billion was spent at restaurants. If the trend continues, about how much will be spent at restaurants in 2015? π¦=πβ π π₯ Let y = The annual amount spent in restaurants (in billions of dollars) Let a = The initial amount: 360 Let b = The growth factor: (1 + %) or = 1.07 Let x = The number of years since 2005: 10 π¦=360β π¦= π¦=$708 billion
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When a bank pays interest on both the principal and the interest an account has earned. (it uses the following formula) Compound interest: r = the annual interest rate----convert from % to a decimalβ(move 2 places to the left) A = The balance A=P ( 1+ r n ) nt t= the time in years P = the principal (the initial deposit) n = the number of times interest is compounded per year
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A=P ( 1+ r n ) nt A=12,000 ( 1+ .048 1 ) 1(7) A = $16,661.35
Find the balance in the account after the given period: $12,000 principal earning 4.8% compounded annually, after 7 years P = r = n = t = 12,000 A=P ( 1+ r n ) nt .048 1 7 A=12,000 ( ) 1(7) A = $16,661.35
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A=P ( 1+ r n ) nt A=20,000 ( 1+ .035 12 ) 12(10) A = $28,366.90
Find the balance in the account after the given period: $20,000 principal earning 3.5% compounded monthly, after 10 years P = r = n = t = 20,000 A=P ( 1+ r n ) nt .035 12 10 A=20,000 ( ) 12(10) A = $28,366.90
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π¦=πβ π π₯ π¦=101β .885 3 π¦=70.0085 π¦=70 kilopascals Let y =
The kilopascal is unit of measure for atmospheric pressure. The atmospheric pressure at sea level is about 101 kilopascals. For every 1000-m increase in altitude, the pressure decreases about 11.5%. What is the approximate pressure at an altitude of 3000 m? π¦=πβ π π₯ Let y = The atmospheric pressure (in kilopascals) Let a = The initial amount: 101 Let b = The decay factor: (1 - %) or = .885 Let x = The altitude (in thousands of meters) 3 π¦=101β π¦= π¦=70 kilopascals
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Pg 457: odd & 20 pg 464: 9-21 odd (skip 13)
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