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5.2 Exponential Functions and Graphs
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Graphing Calculator Exploration Graph in your calculator and sketch in your notebook: a) b) c) d)
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Exponential Growth: b>1 b≠1, b>0 Increasing Asymptote: y=0 Domain: (-∞,∞) Range: (0,+∞)
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Exponential Decay: 0<b<1 b≠1, b>0 Decreasing Asymptote: y=0 Domain: (-∞,∞) Range: (0,∞)
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Exponential Functions What happens when a < 0? Given the function: The graphs are reflected about the x-axis
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Graphing Calculator Exploration Graph in your calculator, sketch in your notebook and make a table of the ordered pairs for -2 ≤ x ≤ 2. e) f) g)
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Exponential Functions When a>1, the graph of y = b x vertically stretches When 0>a>1, the graph of y = b x vertically shrinks Given the function: How does the value of a affect the graph of y = b x ? “multiply y’s by a”
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y = ab x–h + k How do h and k affect the graph of y = ab x ? h causes y = ab x to shift horizontally h units right if h > 0 or left if h < 0 k causes y = ab x to shift vertically k units up if k > 0 or down if k < 0
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Practice Graph. Use integer values of x from -2 to 2 in your table. Describe how the graph can be obtained from the graph of the basic exponential function.
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Compound Interest A = the amount of money that you have after a certain number of years P = the principal (initial quantity of money) r = percentage rate (change to a decimal) t = time in years n = number of times compounded per year
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Practice 5) You deposit $5000 into an account, which earns 6% compound interest. Assuming that you do not withdraw any money from the account, after 4 years, how much money will you have… a) if the account is compounded monthly? b) if the account is compounded quarterly? c) if the account is compounded daily?
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Let’s say that: r=100% P=1 t=1 Compound Interest That yields: What happens to A as n ∞ ?
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Natural base, e - the Euler # Use the e button on your calculator to find e 1.35 to four decimal places. Graph: y = e x Graph: y = e − x e ≈ 2.718281828
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