What is the formula for Exponential Functions? How do you know if the function is growing or decaying?
f(x) = a*bx
If "b" is greater than 1, the function is growing
If "b" is less than 1, the function is decaying
What is the formula used when compounding interest?
A = P(1 + r/n)nt
Solve:
3b= 17
*Remember, in order to solve a variable trapped in the exponent, you must use LOGS!
2.5789
Expand this Log:
log(3x4y-7)
log(3) + 4log(x) -7log(y)
Solve:
log (5x) = log (2x + 9)
3
Fidel has a rare coin worth $550. Each decade, the coin's value increases by 10%. What expression gives the coin's value, 6 decades from now?
550(1 + 0.1)6
What is the formula used when compounding interest continuously?
A = Pert
Solve:
5 ⋅ 186x = 26
0.0951
Condense this Log:
2log4(x) + 5log4(y) - 1/2log4(z)
log4(x2y5 / z1/2)
Solve:
−2log5 (7x) = 2
1/35
Find the Exponential Function when given the points:
(1,3) and (2, 4.5)
f(x) = 2(1.5)x
Becky invested $19,800 in a CD that pays an annual interest rate of 5.3%. The CD is set to compound daily. How much is in Becky’s account after 9 years?
$31,901.32
Solve:
16n-7+ 5 = 24
8.062
Expand this Log:
ln(4x3/2y)
ln 4 + 3 ln x - ln 2 - ln y
Solve:
−6log3 (x − 3) = −24
84
Find the Exponential Function when given the points:
(2,2) and (3,4)
f(x) = (1/2)2x
Jake invests in an annuity with an annual fixed interest rate of 6.2%. The annuity compounds monthly. If after 10 years, the account balance is $27,839.45, how much was the beginning investment?
$15,000
Re-write in Logarithmic Form
5 ⋅ 63m = 20
(log64) / 3 = m
Condense this Log:
ln 5 - 7 ln x4 + 2 ln y
ln (5y2 / x28)
Solve:
log10 (2) + log10 (x) = 1
5
Find the Exponential Function when given the values:
f(-2)= 6.25 and f(2)= .01
f(x)= 1/4(.2)x
A savings account balance is compounded continuously. If the interest rate is 3% per year and the current balance is $1,854.00, what will the balance be 5 years from now?
1854e0.03 x 5 ≈ $2,154.04
What is it called when algebraic processes give us a solution that is false?
An Extraneous Solution
What is the name of the formula that allows us to evaluate a logarithm with any base?
The Change of Base Formula
Solve:
log2 (2x) = log2 (100)
50