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Unit 7: Non-Linear Equations & RealWorld Applications Section 1: Compound Interest • Using 5x³: 5 is the coefficient, x is the base, 3 is the exponent and x³ is the power • There is more than one way to calculate interest • The simple interest formula: I = prt I = interest, p = principal, r = rate (in decimal form) and t = time (in years) • This formula is not used very often • Ex1. Lee deposits $500 in a bank with an interest rate of 6%. Using simple interest, how much will be in the account after 4 years? • Compound Interest is more commonly used by banks and other lending institutions • With compound interest, the interest you earn then earns more interest (your money grows faster) • The compound interest formula gives you the total, not just the interest • Compound Interest: T = P(1 + i)n T = total, P = principal, i = interest rate (as a decimal), and n = number of years • Ex2. Suppose you deposit P dollars in a savings account upon which the bank pays an annual yield of 4%. If you make no other deposits or withdrawals, how much money will be in the account at the end of 1 year? • Ex3. Fred deposited $500 in a bank with an interest rate of 6%. Using the compound interest formula, how much will be in the account after 4 years? • Compare your answers from Ex1. and Ex3. • Ex4. Use the information from Ex3. but change the annual yield to 5½%. • Section from the book to read: 8-1 Section 2: Exponential Growth • Compound interest is a real-world example of exponential growth (the amount grows exponentially) • Exponential growth: y = b · gx where b is the beginning amount (initial amount), g is the growth factor, and x is the number of times the growing occurs • Ex1. Twenty-five rabbits are introduced to an area. Assume that the population triples every four months, how many rabbits will there be after 3 years? • You can use exponential growth to demonstrate that anything to the zero power is equal to one (Zero Exponent Property) • For an exponential function to be growth (the number gets larger), the growth factor g must be greater than 1 • If g = 1, then there is no change • If g < 1, then it is exponential decay • The growth factor in compound interest = 1 + i • The graph of exponential growth is known as an exponential growth curve • Open your book to page 494, we are going to look at the exponential growth curve in example 2 • The graph begins looking flat, but quickly increases • To graph any exponential function, make a table of values and graph the points until you have enough to make a distinguishable curve • Ex2. Ten frogs are introduced into an area. The population is increasing by approximately 30% per year. How many frogs will there be in 5 years? • Ex3. Graph y 2 3 for x = -2, -1, 0, 1, 2 • We will study exponential decay and exponential decay curves later in this unit • Section of the book to read: 8-2 x Section 3: Comparing Exponential Growth and Constant Increase • With both constant increase and exponential growth, the amount is increasing • The graph of constant increase is a line with a positive slope (and that slope remains constant) • The graph of exponential growth is a curve with no constant slope (it is different between each pair of points) • With constant increase, a number is repeatedly added to the total • With exponential growth, a number is repeatedly multiplied by the total • In a real-world example of exponential growth (or constant increase), a Quadrant I only graph is all you need • Make the increment on your axes clear and appropriate • Open your book to page 500, we are going to look at example 2 • Section of the book to read: 8-3 Section 4: Exponential Decay • Exponential decay uses the same formula as exponential growth y = b · gx , but now the growth factor must be less than one (g < 1) • With exponential decay, the total amount is decreasing (repeatedly being multiplied by a number less than 1) • The graph of exponential decay is the reflection of exponential growth (see page 507) • The graph decreases rapidly, but then starts to level off • Ex1. The population of a town begins at 650,000, but they are losing approximately 4% of their population each year. How many people will be left in the town after 20 years? • Add the percent (as a decimal) to 1 when it is increase and subtract it from 1 for decrease • Ex2. Match a) y = 3x + 5 i) exponential growth x b) y 4 5 ii) exponential decay c) y 4 1 iii) constant increase 5 • Sections of the book to read: 8-2, 8-3, 8-4 x Section 5: Graphing Quadratic Equations • A quadratic function is one that can be written in the form y = ax² + bx + c where a ≠0 • A quadratic function must have a degree of 2 • The graph of a quadratic function is a parabola (see page 548) • If b and c are both = 0, then the parabola will have reflectional symmetry over the y-axis (choose x = -2, -1, 0, 1, 2 for your table) • To graph a parabola, make a table of values and place them on the graph • You only need to find the vertex and two points on either side of the vertex to be able to graph the shape accurately enough • To find the vertex: b • 1) find the axis of symmetry x 2a • 2) use that x-value as the x-value of the point, plug it into the equation to find the corresponding y-value • If a > 0, then the parabola opens up (has a minimum) • If a < 0, then the parabola opens down (has a maximum) • • • • • Graph Ex1. y = 3x² Ex2. y = 2x² + 6x – 1 Ex3. y = -x² + 4x + 1 Ex4. y 1 x 2 3x 1 2 • The larger a becomes, the skinnier the graph • Sections of the book to read: 9-1 and 9-2 Section 6: The Quadratic Formula • This formula is used in many math and science classes, MEMORIZE it! b b2 4ac • The quadratic formula x 2a • The quadratic formula allows you to find where the graph crosses the x-axis (these are the solutions to the equation) • You have to go through the formula twice to get both potential answers • Quadratic equations must be = 0 to use the formula • In a real-world scenario, one of the solutions may be disallowed because it does not make sense • Solve. Round to the nearest hundredth if necessary. • Ex1. 5x² + 3x – 6 = 0 • Ex2. 2x² – 4x = 3 • Ex3. Solve. Give the exact answers 6x² + 5x – 8 = 0 • b² - 4ac is known as the discriminant • If the discriminant is a perfect square, then the answer is rational, otherwise it is irrational • Ex4. Without solving, tell whether the answers will be rational or irrational. -x²+ 7x = -2 • Be VERY careful when using your calculator and this formula!!! Do one step at a time!!! • Sections of the book to read: 9-5 and 9-6 Section 7: Projectiles • If you measure the height of a projectile over time (after it is launched) the graph would be an upside-down parabola (because it is a quadratic equation) • If an object is launched, the equation would be 1 2 h gt v0t h0 2 • g is a set number (it stands for acceleration due to gravity): 32 ft/sec or 19.6 m/sec • v0 is the initial velocity • h0 is the initial height • Open your book to page 567 • The maximum height will be the vertex, so we can use the algorithm from section 5 • Ex1. An object launched is given the equation h 16t 65t 9 2 • A) What is the initial height of the object? • B) When will the object hit the ground? • C) When will the object be 50 feet above ground? • Time is to be graphed on the x-axis, height on the y-axis • The discriminant is b² - 4ac • If the discriminant is positive, then there are two real solutions (although 1 may not be reasonable) • If the discriminant is negative, then there are no real solutions • If the discriminant is 0, then there is one real solution • Ex2. How many real solutions will there be to the 2 following equation: y 16 x 40 x 2 • Ex3. Graph the equation from Ex2. • Sections of the book to read: 9-4 and 9-6 Section 8: Absolute Value and Distance • The absolute value of a number is the distance that number is from zero on a number line • The absolute value of a number is always positive because it is a distance • Opposite numbers have the same absolute value • Treat absolute value symbols like other grouping symbols (simplify within and then find the absolute value) • Ex1. Evaluate a) 5 9 b) 2 8 c) 6 9 3 6 • When you graph an absolute value function, it is v-shaped with an axis of symmetry (it has reflectional symmetry over a vertical line) • To graph an absolute value function, make a table of values and look for symmetry (you need a minimum of the vertex and two numbers on either side) • Ex2. Solve x 6 • Ex3. Solve x 3 15 • Ex4. Solve m 5 20 • To find the distance between two points on a number line, called x1 and x2, x2 x1 • Ex5. Find the distance between -12 and 9 on the number line • Before we discussed the idea that taking the square root of a square results in the initial number, but that is not completely true • For all values of x, x2 x • To find the distance between two points on the coordinate plane, x x 2 y y 2 2 1 2 1 • If the line is vertical or horizontal, you can use the formula for finding distance on a number line because either the x-values or the y-values are the same • Ex6. Find the distance between A = (-3, 5) and B = (8, 12) on the coordinate plane (exact form) • Sections of the book to read: 2-5, 9-8, 9-9, 13-3