What is the definition of an exponential function?
An exponential function is a mathematical function in which the variable appears in the exponent
What are the basic techniques for solving exponential equations?
1. Method of common bases
2. Use inverse operations and logarithms
Describe exponential growth and provide an example.
Exponential growth is a type of growth in which a quantity increases at an accelerating rate proportional to its current value. Example: Population growth in an idealized environment where resources are unlimited.
Determine the percent increase:
A(t) = 2350(1.036)t
3.6%
log10
What is the inverse of an exponential function?
A logarithmic function
3x+2 = 1/9
x = -4
Write an equation that gives the savings, S, in an account if $250 was invested at an interest rate of 3% per year?
S=250(1.03)t
Determine the percent decrease:
A(t) = 500(.87)t
13%
What is the natural logarithm?
loge
When graphed, exponential and logarithmic functions reach a line that they cannot cross. What are these types of lines known as?
Asymptotes
Solve the exponential equation: 3(2x) = 27.
x=3/2
Write a function, V(t), that represents the value of a 35,000 car which is depreciating at a rate of 4% per year where t is the number of years.
V(t)=35000(.96)t
The equation below represents the population of Far Rockaway as a function of time. Determine the approximate number of people there will be in 50 years.
P = 45000(1.018)t
109,800
Find log319683
9
What is the asymptote for the exponential equation
y= 5x +2
y=2
Solve the exponential equation: 27X = 9X-2
x=-4
Write the equation that represents the following scenario: You invest 12000 in an account that offers a nominal yearly rate of 2.5% compounded monthly.
A(t) = 12000(1 + .025/12)12t
The equation below represents the population of Far Rockaway as a function of time. To the nearest tenth of a year, determine the number of years it will take for the population to reach 75,000.
P = 45000(1.018)t
28.6 years
To the nearest hundredth, find ln8
2.08
What is the asymptote for the logarithmic equation
y = log2(x+3) - 1
x=-3
Give an example of an application problem that involves solving exponential equations.
Sample: Determining the time it takes for a radioactive substance to decay to a certain level given its half-life.
A person invests $350 in a bank account that promises a nominal rate of 2% continuously compounded. Write an equation that represents the amount in this account after t years.
S = 350e.02t
A baby weighing 7 pounds at birth may increase in weight by 11% per month for the first year of its life. To the nearest month, how many months will it take for the baby to reach 12 pounds?
5 months
Explain why log232 = 5
Because a logarithm is equal to the exponent on base 2 that gives the answer 32.