Write the equation of an exponential function with an initial value of 2 and goes through the point (1,4)
N(x) = 2(2)x
We invest $2000 in a retirement account with 3% interest compounded annually. How much will we have in 20 years?
A(t) = P(1+r/n)nt
$3612.22
Solve for x by converting the log to exponential form: log1/2(x) = 3
0.125
What transformation has happened to this exponential?
(3)x-2
Right 2
f(x) = 2(3)x What is f(2)
18
Image 1
y = 1(2)x
We invest 1000 dollars in an account that has 5.5% APR compounding quarterly. How much will the account have in 25 years?
$3918.2
Solve for x using a log: 2x+2=24
About 2.585
What two transformations have happened? -2(3)x
Vertical Stretch by 2 and reflect over x axis
Population of a group of seals started at 6. Their groups is growing at a rate of 19% per year. After 20 years, how many seals will there be/ (assuming none die). f(x) = 6(1.19)x
Roughly 194 or 195 seals
Write the equation of an exponential that goes through the points (0,2) and (1,3)
N(x) = 2(3/2)x
If you had an investment of $2000 earning 23% per year compounding continuously, how much would you have after 3 years?
About $3987.43
Solve for x: log(2x+4)-log(2) = 1
8
List all transformations of the equation:
2log3(x-3)+4
Vertical stretch 2
Right 3
Up 4
logt(8)
Image 4
N(x) = 1(2.45)x
You want to put a down payment on an apartment in 8 years which would cost $20,000. If you invest now in an account that has 3% APR compounding daily, how much would you need to invest?
$15732.712
Rewrite 152x-3=1000 as a log. Then apply change of base with natural log to solve for x.
About 3.775
List ALL transformations that have occurred:
-1/3log4(x+5)+6
Vertical Compression 1/3
Left 5
Up 6
Reflect over x axis
You want to put a down payment on an apartment in 8 years which would cost $20,000. If you invest now in an account that has 3% APR compounding daily, how much would you need to invest?
$15732.712
Write the equation of an exponential that goes through (0,2) and (3,1).
N(x) = 2(0.79)x
In 40 years you would like to retire with $100,000. If you invest $5,000 in an account that compounds quarterly, what is the smallest APR your account can have? To the nearest hundredth.
Approximately 0.0756 which is roughly 7.6%.
Use logs to find the exact solution to -5e-x-9-7=-32
About -10.609
Vertical Compression 1/2
Right 3
Down 7
Reflect over both axis
A mineral decays at a continuous rate of 12.3% per day. How much will 5000g decay to in 2 weeks?
About 893.54 grams