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Math 2 Precalculus Algebra Name________________________ Date_________________________ Exponential Functions — 6.3 Exponential Function f ( x ) = ax , a > 0 and a ≠ 1 Domain: Horizontal Asymptote at y = 0 . The horizontal asymptote will move up or down depending on a horizontal shift. The range depends on the global behavior which can be determined by the horizontal asymptote and the sign of vertical stretch/compression factor, denoted by the letter b in your book.. 1 All “basic” exponential functions contain the points ( 0 , 1) , (1 , a ) and − 1 , . a Exponential Growth Functions f ( x ) = ax , a >1 Domain: Graph: If a > 1 , the graph is a “ shape : right side up” . Range: In mathematical terms, this means: as x → ∞, f ( x ) → ∞ and as x → − ∞, f ( x ) → 0+ Exponential Decay Functions f ( x ) = ax , 0 < a <1 Domain: Graph: If 0 < a < 1 , the graph is a “ shape : left side up” . Range: In mathematical terms, this means: as x → ∞, f ( x ) → 0+ 1. Graph the equation. f ( x ) = 3x Domain: Value of base: Horizontal Asymptote: Range: Points: and as x → − ∞, f ( x ) → ∞ 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 0 -1 -9 -8 -7 -6 -5 -4 -3 -2 -1 -1 0 1 2 3 4 5 6 7 8 9 10 -2 0 -3 2. Graph the equation. f ( x) = −3 x −2 Domain: Value of base: Horizontal Asymptote: Transformations: Range: 10 9 8 7 6 5 4 3 2 1 0 -1 -9 -8 -7 -6 -5 -4 -3 -2 -1 -1 0 1 2 3 4 5 6 7 8 9 10 -2 0 -3 -4 -5 -6 -7 -8 Points: 3. Graph the equation. 1 f ( x) = 2 x −1 Domain: Value of base: Horizontal Asymptote: Transformations: Range: 10 9 8 7 6 5 4 3 2 1 0 -1 -9 -8 -7 -6 -5 -4 -3 -2 -1 -1 0 1 2 3 4 5 6 7 8 9 10 -2 0 -3 -4 -5 -6 -7 -8 Points: 4. Graph the equation. 1 = f ( x) 2 −x +3 Domain: Value of base: Horizontal Asymptote: Transformations: Range: 10 9 8 7 6 5 4 3 2 1 0 -1 -9 -8 -7 -6 -5 -4 -3 -2 -1 -1 0 1 2 3 4 5 6 7 8 9 10 -2 0 -3 -4 -5 -6 -7 -8 Points: Many applications of exponential functions rely on a certain irrational base. Let’s use the compound interest formula to fill in the following table, if $1 is invested at an annual interest rate of 100% for 1 year for the various numbers of compounding periods per year. Compound Interest Formula r = A P 1 + n P = principal r = annual interest rate expressed as a decimal n = number of interest periods per year t = number of years P is invested A = amount after t years nt , where )n ⋅1 or A = 1 (1 + 1)1 = 4 (1 + 1 4 )4 12 (1 + 11 2 )1 2 = 56 (1 + 15 6 )5 6 = 365 (1 + 13 6 5 )3 6 5 n 1,000 10,000 100,000 1,000,000 = A 1 (1 + 1 n (1 + 1 n )n = = (1 + 11,0 0 0 ) 1,0 0 0 = (1 + 11 0,0 0 0 ) 1 0,0 0 0 = (1 + 11 0 0,0 0 0 ) 1 0 0,0 0 0 = (1 + 11,0 0 0,0 0 0 ) 1,0 0 0,0 0 0 = What can you conclude about the value of the expression (1 + In mathematical terms, as n → ∞ , (1 + 1 n )n 1 n )n as n gets really large? → The Number e If n is a positive integer, then as n → ∞ , (1 + In calculus, this is written as l i m (1 + n →∞ 1 n )n 1 n )n → e ≈ 2.71828. =≈ e 2.71828 Natural Exponential Function f ( x ) = ex ( Note: e ≈ 2 . 7 1 8 2 8 ) Domain: Horizontal Asymptote at y = 0 . Range: The natural exponential function contains 1 the points ( 0 , 1) , (1 , e ) and − 1 , . e 5. 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 0 -1 -9 -8 -7 -6 -5 -4 -3 -2 -1 -1 0 1 2 3 4 5 6 7 8 9 10 -2 0 -3 Graph the equation. f (= x ) e− x + 2 Domain: Transformations: Points: Range: Find an exponential function of the form f ( x ) = b a x or f (= x ) b a x + c that has the given graph or conditions. 6. y-intercept ( 0 , 4 ) ; passes through point P ( 2 , 1 6 ) and has a horizontal asymptote at y = − 1 7. 10 9 8 7 6 5 4 3 2 1 0 -5 -4 -3 -2 -1-1 0 -2 1 2 3 4 5 Exponential Functions Are One-to-One The exponential function f given by f ( x ) = a x for 0 < a < 1 or a > 1 is one-to-one. Thus, the following equivalent conditions are satisfied for real numbers x1 and x2 1. If x1 ≠ x2 , then a x1 ≠ a x2 . 2. If a x1 = a x2 , then x1 = x2 Solve each equation. 2 8. 4x = 9. 2 5x ⋅ ( 12 ) 3x ( 15 ) 10. e − x e 2 = 4−2x ( 1e ) ( ) =5 x 4 x +1 2 3 ⋅125