Name: _________________________Type equation here. Unit 4 D8 TEST STUDY GUIDE Exp functions, Rate of Change, and Intervals Date: ______________ Per: ________ Write the correct formula for each exponential model 1. Exponential Growth 2. Exponential Decay 𝑦 = 𝑎(1 + 𝑟)𝑡 𝑦 = 𝑎(1 − 𝑟)𝑡 3. Compound Interest 4. Half-Life 𝑟 𝑛 𝐴 = 𝑃(1 + )𝑛𝑡 𝐴 = 𝑃(0.5)𝑡 If the following functions are exponential, fill in the missing y-values. 5. x -1 1 3 5 y 4 8 16 32 6. {(-1, ___1.5____), (2, ___6____), (3, 24), (4, 96)} The function 𝒇(𝒙) = 𝟏𝟐𝟐𝟕(𝟏. 𝟎𝟗)𝒙 models a school population after x years. 8. What was the starting population? ____1227___________ 9. Is the population increasing or decreasing? _____increasing__________ 10. By what percent? ______9_________ 11. What will the population be at year 5? ______1887_________ 12. When will the population exceed 2000? ______6 years_________ Find the domain and range for the following exponential function and give the equation of the asymptote. 13. Domain: _____(−∞, ∞)_______________ 14. Range: _____(−4, ∞)________________ 15. Asymptote: __y = -4___________________ 16. You have just inherited a large amount of money and have decided to invest. The investment plan you have chosen can be modeled by the function 𝑓(𝑥) = 10,000(1.075)𝑥 . What will be the value of the investment in 20 years? $42,478.51 In the year 2029, a certain species of turtle has begun to increase at an alarming rate, overflowing the planet’s rivers and oceans with cuteness. The population is increasing by 15.7% per year. At this rate, the function 𝒇(𝒙) = 𝟑(𝟏. 𝟏𝟓𝟕)𝒙 gives the population, in millions, x years after 2029. 17. What will the population be in 2034? 6.2 million 18. In what year will the population exceed 12 million? 19. Which graph represents the function 𝑓(𝑥) = 2 ∙ (2)𝑥 ? 2039 Write the exponential function to represent each situation. 20. The value of a house was $127,000 when it was purchased. The value depreciates at a rate of 11% per year. 𝑦 = 127000(1 − .11)𝑡 21. Math club started the year with a surplus of petty cash at $65. Their balance will increase at a rate of 2.5% each month. 𝑦 = 65(1 + .025)𝑡 22. Jenni starts a savings account with $5600. The account is compounded monthly 1.6%. 𝑦 = 5600(1 + . 016 𝑡 ) 12 Write a model and solve the exponential function in each situation. 23. The half-life of Zn-71 is 2.4 minutes. If one had 100.0 g at the beginning, how many grams would be left after 7.2 minutes has elapsed? 12.5 grams 24. The population of a city after x years can be represented by the exponential model 𝑓(𝑥) = 230,000(0.87)𝑥 . What is the population after 7 years? 86,768 25. Debbie invested $67,200 into a secured CD at a rate of 1.8% compounded quarterly. What is the total amount of the CD in 6 years? $74,845.87 26. You are performing an experiment. You start with 8,000 mg. of two different chemicals. When each chemical has reached the time of its half-life, you record the results. Which of the two chemicals would you have the most of after 5 minutes? (Explain or justify) Chemical A has a half-life of 50 seconds. Chemical B has a half-life of 150 seconds. 300 5 minutes = 300 seconds Chemical A: 8000(0.5) 50 = 125 𝑚𝑔 300 Chemical B: 8000(0.5)150 = 2000 𝑚𝑔 27. What is the average rate of change over the interval from -1 to 1? x -1 0 1 2 y 3 5 8 11 𝑦2 − 𝑦1 8−3 5 = = = 2.5 𝑥2 − 𝑥1 1 − −1 2 28. Find the average rate of change between 0 and 4 hours. (0, 0) and (4, 120) 𝑦2 −𝑦1 𝑥2 −𝑥1 = 120−0 4−0 = 120 4 = 30 Give ALL the intervals of increase and decrease. 29. Increase: __(0, 10), (30, 45)_______________ 30. Decrease: ___(25, 30), (45, 50)________________ For each function tell whether exponential growth or decay is modeled and give the percent rate of growth/decay. 31. 𝑓(𝑥) = 200,000(0.95)𝑥 Decay, 5% 32. g(𝑥) = 17(1.15)𝑥 Growth, 15% 33. ℎ(𝑥) = 1.3(1.012)𝑥 Growth, 1.2%