EXPONENTIAL RELATIONSHIPS (AN INVESTIGATION) INTRODUCTION What would you choose? One million dollars today… or the final amount after doubling 1 penny for 30 days. Complete the chart below: Day 1 2 3 4 5 6 7 8 9 10 Total ¢ Day 11 12 13 14 15 16 17 18 19 20 Total ¢ Day 21 22 23 24 25 26 27 28 29 30 Total ¢ EXPONENTIAL RELATIONS A relation that can be represented by the form y = ax, where a is a positive constant and a 1, is called an exponential relation. Examples of exponential relations include: the growth of bacteria compound interest earned on an investment the rate of decay of radioactive materials In an exponential relation, the ratios of consecutive y-values are constant. Unit 4 Lesson 3 Page 1 of 3 The graph of an exponential relation is a curve that is approximately horizontal at one end and increases or decreases rapidly at the other end. Exponential Growth y = 2x x –3 Exponential Decay y –2 1 y = 2 x x –3 –2 –1 –1 0 0 1 1 2 2 3 3 Exponential Growth y Exponential Decay non–linear growth and the graph is an upward curve non–linear decay and the graph is a downward curve it is an increasing function it is a decreasing function the base is a whole number greater than 1 (ex. y = 2x) the base is a fraction less than 1 (ex. y = (½)x) Unit 4 Lesson 3 Page 2 of 3 Example Example Decide whether the given relation is exponential: x y 0 1 2 3 4 5 2 6 18 54 162 486 Ratio of Successive y–values Sketch each of the following exponential relations on the axes below: y = 2x 1 y = 2 y = 3x x 1 y = 3 y 0 y = 5x x 1 y = 5 x y x 1. Explain the trend exhibited by the graphs of exponential equations (ie) what happens as the value of the base changes. 2. What is the point of intersections of all the exponential graphs? Why??? Unit 4 Lesson 3 Page 3 of 3