Which are exponential functions?
3x x5 -24 xx
3x
Solve without a calculator
log2(8)=y
y=3
Solve without a calculator
ln(e3)=y
y=3
Where do you find the limit to growth in a logistic function?
The value in the numerator
What is the n value for compounding:
Monthly?
Yearly?
Quarterly?
Monthly=12
Yearly=1
Quarterly=4
Solve without a calculator
53=5x
x=3
Solve without a calculator
log4x=2
x=16
Simplify using log/ln rules
ln(x4)
4ln(x)
What is the limit to growth in the function
P(t)= (12,790)/(1+2,402e^(-0.0309x))
12,790
Set up the equation to measure the amount of money in an account over time if you invest $5000 compounded monthly at a 7% interest rate
A=5000(1+.07/12)^(12t)
2x=16
x=4
Solve without a calculator
log(x)=3
x=103 = 1000
Simplify using log/ln rules
ln(x/5)
ln(x)-ln(5)
Based on the New york population model (population is in millions)
P(t)=(19.875)/(1+57.993e^(-0.035005t))
What will New York's population be after 215 years?
19,272,737
Find the amount of money accumulated if you invest $1500 at a 7% interest rate for 6 years compounded annually.
$2251.10
(1/2)^x=1/8
x=3
Solve without a calculator
logb(36)=2
b=6
Put into condensed form
2ln(x)-4ln(2)
ln(x^2/2^4)
Based on the New york population model (population is in millions)
P(t)=(19.875)/(1+57.993e^(-0.035005t))
What is New York's Maximum sustainable population (limit to growth)?
19,875,000
Compound interest Yearly for 5 years on $10,000 at 20% interest. Suppose I deposit this money into an interest bearing account in 2012 and want to know how much it will be worth at the end of 2017. How much would it be worth?
$24,883
Solve without a calculator
ex=5
x=ln(5)
Solve without a calculator
logx+4(64)=2
x=4
Simplify
ln(e^2/2)
ln(e^2)-ln(2)
2ln(e)-ln(2)
2-ln(2)
Based on the New york population model (population is in millions)
P(t)=(19.875)/(1+57.993e^(-0.035005t))
"What will the population be after 50 years?"
1,794,558
If someone invests $15,000 into an account with a 8% interest rate compounded monthly, how long will it be until the account contains $45,000?
13.78 years