7-2 PROPERTIES OF EXPONENTIAL FUNCTIONS GRAPH EXPONENTIAL FUNCTIONS BY EXPLORING THE PROPERTIES OF FUNCTIONS OF THE FORM 𝑦 = 𝑎𝑏 𝑥 . TRANSFORMING EXPONENTIAL FUNCTIONS • THE PARENT FUNCTION IS 𝑦 = 𝑏 𝑥 • GENERAL FORM OF AN EXPONENTIAL FUNCTION: 𝑦 = 𝑎𝑏 (𝑥−ℎ) + 𝑘 • 𝑎 REPRESENTS A STRETCH OR COMPRESSION • EX: 𝑦 = 3 ∙ 2𝑥 • ℎ REPRESENTS THE HORIZONTAL TRANSLATION • EX: 𝑦 = 2(𝑥−4) • 𝑘 REPRESENTS THE VERTICAL TRANSLATION IRRATIONAL BASES • SO FAR, WE HAVE WORKED WITH RATIONAL BASES, BUT THE BASE OF AN EXPONENTIAL FUNCTION CAN BE IRRATIONAL AS WELL. • MOST COMMON IRRATIONAL BASE IS 𝑒. • THESE ARE CALLED NATURAL BASE EXPONENTIAL FUNCTIONS • DESCRIBE CONTINUOUS GROWTH OR DECAY • SAME PROPERTIES AS OTHER EXPONENTIAL FUNCTIONS • 𝑒 ≈ 2.71828 • EVALUATING CAN BE DONE BY USING A CALCULATOR • EX: 𝑒 3 • USE 𝑒 𝑥 KEY ON CALCULATOR • GRAPH 𝑦 = 𝑒 𝑥 AND EVALUATE FOR X = 3 • USE A TABLE OF VALUES FOR 𝑦 = 𝑒 𝑥 CONTINUOUSLY COMPOUNDED INTEREST • SUPPOSE YOU WON A CONTEST AT THE START OF 5TH GRADE THAT DEPOSITED $3000 IN AN ACCOUNT THAT PAYS 5% ANNUAL INTEREST COMPOUNDED CONTINUOUSLY. HOW MUCH WILL BE IN THE ACCOUNT WHEN YOU ENTER HIGH SCHOOL? ROUND TO THE NEAREST DOLLAR. • 𝐴 4 = 3000 ∙ 𝑒 0.05 • A(4) = $3664 4 ASSIGNMENT • ODDS P.447 #17-35