5-1 Exponential Functions (Presentation)

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    Unit 5Exponential and Logarithmic Functions

    5-1 Exponential Functions 5-2 Logarithmic Functions

    5-3 Exponential and Logarithmic Equations

    5-4 Exponential Growth and Decay

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    5-1 Exponential Functions

    Unit 5 Exponential and Logarithmic Functions

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    Concepts & Objectives Objective #15

    Use exponent properties to solve equations Substitute values into exponential functions

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    Properties of Exponents Recall that for a variablexand integers a and b:

    +=ia b a b x x x

    =a

    a b

    b

    x

    ( ) =b

    a abx x

    = ba b ax x

    = =a b x x a b

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    Simplifying Exponents Example: Simplify

    1.

    3 2 2

    2 5

    25

    5

    x y z

    y z = 3 1 2 2 2 55 x y z = 2 4 35 y z

    2.

    3.

    2 3

    2r s t

    i

    2 3 1 25 6y y

    ( ) ( )

    =4 2 4 34 4

    2 r s t

    ( ) ( )

    =2 1

    3 25 6 y

    =8 12 4

    16r s t

    =1

    630y

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    Exponential Functions Ifa > 0 and a 0, then

    defines the exponential function with base a.

    ( ) =x

    f x a

    Example: Graph

    Domain: (, )

    Range: (0, ) y-intercept: (0, 1)

    ( ) = 2x

    f x

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    Exponential FunctionsCharacteristics of the graph of :

    1. The points are on the graph.

    ( ) = x f x a

    ( ) ( )

    11, , 0,1 , 1,a

    a

    2. Ifa > 1, thenfis an increasing function; if 0 < a < 1, thenfis a decreasing function.

    3. Thex-axis is a horizontal asymptote.

    4. The domain is (, ), and the range is (0, ).

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    Exponential Equations Exponential equations are equations with variables as

    exponents. If you can re-write each side of the equation using a

    common base, then you can set the exponents equal to.

    Example: Solve =1

    5125

    x

    =3

    5 5x

    = 3x

    = 3125 5

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    Exponential Equations Solve + =1 33 9x x = 29 3

    ( )

    +

    =

    31 2

    3 3

    xx

    + =1 2 63 3x x

    + = 1 2 6x x

    =7 x

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    Exponential Equations To solve an equation with exponents, remember you can

    undo the exponent. Solve =5 2 243b

    ( ) =5

    243b =5 243b

    or

    Check your solution!

    {9}

    = =5 243 3b= 9b

    =5 29 243

    ( )=

    5

    9 243

    =53 243

    =243 243

    = =5 2243 59049b= =5 59049 9b

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    Compound Interest The formula for compound interest(interest paid on

    both principal and interest) is an important applicationof exponential functions.

    Recall that the formula for simple interest, I= Prt, where,

    interest, and tis time in years.

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    Compound Interest Now, suppose we deposit $1000 at 10% annual interest.

    At the end of the first year, we have

    so our account now has 1000 + .1(1000) = $1100.

    ( )( )( )= =1000 0.1 1 100I

    t t e en o t e secon year, we ave

    so our account now has 1100 + .1(1100) = $1210.

    ( )( )( )= =1100 .1 1 110I

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    Compound Interest If we continue, we end up with

    Year Account

    1 $1100 1000(1 + .1)

    This leads us to the general formula.

    + .

    3 $1331 1000(1 + .1)3

    4 $1464.10 1000(1 + .1)4

    t 1000(1 + .1)t

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    Compound Interest Formulas For interest compounded annually:

    For interest compounded n times per year:

    ( )= +1t

    A P r

    tn

    For interest compounded continuously:

    = + 1 rA P

    n

    = rt A Pe

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    Examples1. If $2500 is deposited in an account paying 6% per year

    compounded twice per year, how much is the accountworth after 10 years with no withdrawals?( )

    = + =

    2 10.06

    2500 1 $4515.28A

    2. What amount deposited today at 4.8% compoundedquarterly will give $15,000 in 8 years?

    ( )

    = +

    4 8.048

    15000 14

    P

    ( )15000 1.4648P $10,240.35P

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    Examples3. If $8000 is deposited in an account paying 5% interest

    compounded continuously, how much is the accountworth at the end of 6 years?( )( )=.05 6

    8000A e

    10 798.87A

    4. Which is a better deal, depositing $7000 at 6.25%compounded every month for 5 years or 5.75%compounded continuously for 6 years?

    ( )

    = +

    12 5

    .06257000 112

    $9560.11

    A

    ( )( )

    =

    .0575 6

    7000$9883.93

    A e

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    Homework Algebra & Trigonometry

    Page 247: 21-45 (3s) Turn in: 30, 42

    College Algebra

    Page 429: 51-66, (3s), 67, 68, 69-78 (3s), 83 Turn in: 54, 60, 68, 72, 78