Exponential Graphs Warm Up Solve: f ( x) 3x x 10 x 3 2 x 3x 2 x 10 0 x3x 5x 2 0 5 x 0, x , x 2 3 Find the Vertex: b 24 x 3 2a 24 f ( x) 4 x 24 x 5 2 y 43 243 5 31 2 V 3,31 Definition In an exponential function, the base is fixed and the exponent is a variable. Ex ponent f x b x base Exploration Using your GDC, graph the following exponential functions on the same screen: y1 3 , y 2 2 , y 3 1 .5 x x At what POINT do they all INTERSECT ? All functions of the form y a pass x through the POINT 0,1. x Exploration What do you observe about the function as the base gets larger, and the exponent remains positive? Observe that for x 0, the LARGER the base, the faster the function grows. This is called a Growth Model . This is called a Decay Model . Exploration Using your GDC, graph the following exponential functions on the same screen: y1 3 , y 2 2 , y 3 1 .5 x x x How do these graphs differ from the previous graphs and why ? Negative Exponents force the function to rise on the left instead of the right . Exploration… Using your GDC, graph the following exponential functions on the same screen: x 1 x y1 3 , y 2 How are the 3 graphs of each pair related ? The DECAY MODELS are a reflection of the GROWTH MODELS across the y axis. Continued…. 1 y1 3 , y 2 3 x x How are the bases of the pairs related ? They are reciprocal s of each other. x 1 NOTE : y is the same as y 3 x . 3 y 2x Graph: x y -2 0.25 -1 0.5 0 1 1 2 2 4 HA: y = 0 Domain: , Range: 0, y 2 x Graph: Decreasing! x y -2 4 -1 2 0 1 1 0.5 2 0.25 HA: y = 0 Domain: , Range: 0, Graph: y 2 x 3 HA: y = 0 Domain: Range: , 0, The graph has been moved 3 to the left from the parent function. Graph: y 2x 2 HA: y = 2 Domain: , Range: 2, The graph has been moved 2 up from the parent function. Graph: y 2 x 4 3 HA: y = -3 Domain: Range: , 3, Parent Function Right 4 Down 3 Graph: y2 x 1 5 y 2 1 x 1 5 HA: y = -5 Parent Function Domain: , Left 1 Down 5 Range: 5, Re versed Graph: y 2 x4 2 HA: y = 2 Parent Function Right 4 Up 2 Domain: Range: , 2, Natural exponential function f ( x) e e 2.718281828... x Graph: f ( x) e x 1 3 Left 1 Down 3 Domain: Range: , 3, Logarithmic Function loga x y a x y It’s the inverse of the exponential function Switch the x’s and the y’s! Graph: f ( x) log 2 x Is the inverse of y 2x x2 y 2x Domain: , Range: 0, Domain: Range: 0, , y Graph: f ( x) 3 log 2 x Up 3 from previous example! Domain: 0, Range: , Graph: f ( x) log 2 ( x 4) Left 4 from Original Example! 4, Domain: Range: , Graph: f ( x) log 2 ( x 2) Right 2 from Original Example! Domain: Range: 2, , Graph: f ( x) log 2 ( x) Reflected over y-axis. Domain: Range: ,0 , Graph: f ( x) log 2 x Reflected over x-axis. Domain: Range: 0, , Compound Interest An infectious disease begins to spread in a small city of population 10,000. After t days, the number of persons who have succumbed to the virus is modeled by the function: v(t ) 10, 000 5 1245e 0.97 t How many infected people are there initially? 10,000 10,000 v0 8 0.97 0 5 1245e 1250 How many people are infected after five days? 10,000 v0 678 . 1 0.97 5 5 1245e Compound Interest r A(t ) P 1 n P = Principal r = rate t = time in years n = number of times it’s compounded per year Compounded: annually n=1 quarterly n=4 monthly n = 12 daily n = 365 nt Find the Final Amount: $8000 at 6.5% compounded quarterly for 8 years At P 1 r n nt .065 At 80001 4 n4 48 13400.09 Find the Final Amount: $600 at 9% compounded daily for 20 years n 365 0.09 At 6001 365 36520 3628.98 Find the Final Amount: $300 at 6% compounded annually for 25 years At P 1 r n n t n 1 0.06 At 3001 1 125 1287.56 Compounded Continuously: A(t ) Pert P = Principal r = rate t = time in years E = 2.718281828… Find the Final Amount: $2500 at 4% compounded continuously for 25 years At Pe A t 2500 e rt 0 .04 25 6795 .70 Suppose your are offered a job that lasts one month, and you are to be very well paid. Which of the following methods of payment is more profitable for you? How much will you make? One million dollars at the end of the month. Two cents on the first day of the month, 4 cents on the second day, 8 cents on the third day, and, in general, 2n cents on the nth day. A 2 cents n A 2 2147483648 cents 31 A $21,474836.48 More Profitable