8-2 Properties of Exponential Functions p. 431 Do Now Does the function represent growth or decay? What is the percent of increase or decrease? y 3 x 5( 2 ) a=5 b = 3/2 GREATHER THAN 1! Example 1 Make a table of values for ANY exponential function! Graph. y 6(.2) x2 1 6.00 x y -2 5.00 -1 0.20 0 -0.76 1 -0.95 2 -0.99 5.00 4.00 3.00 2.00 1.00 0.00 -2.5 -2 -1.5 -1 -0.5 0 -1.00 -2.00 0.5 1 1.5 2 2.5 e • e is a real number constant that is useful for describing exponential growth or decay. CONTINUOUSLY COMPOUNDED INTEREST FORMULA: Constant A= rt Pe Annual interest rate Amount in the account Principal amount Time in years Example 2 Suppose you invest $1300 at an annual interest rate of 4.3% compounded continuously. Find the amount in the account after 3 years. rt .043(3) Pe AA==(1300)e = $1479 A=? P = 1300 r = .043 t=3 Example 3 Sodium-24 has a half-life of 15 hours. How much sodium-24 will you have after 60 hours if your original sample is 64mg? Let y = the amount of sodium-24 Let x = the number of hours elapsed y 1 64( 2 ) 1 x 15 AWAYS ½! How many half-lives in a 60 hour period? 1 64( 2 ) 4mg 60 15 Homework • p. 426 #1-33 every other odd • p. 434 #1-25 every other odd