Textbook 8.2 Objective: a. Graph exponential decay functions. b. Use exponential growth functions to model real-life situations. Exponential decay functions have the form ( ) Sample: ( ) where a>0 and 0<b<1. ( ) How would you describe the end behaviors of the function? As x As x -, f(x) +, f(x) ______. ______, which means y = 0 is an _______________________. Recall: characteristics of an exponential function, : 1) the graph passes through the point (________); the y-intercept is ____. 2) the ________________ is an asymptote of the graph. 3) the domain is all real numbers. 4) the range is y > 0 if a > 0 and y < 0 if a < 0. Exponential Decay Example 1: Graph y ( ) Step 1) plot (0, 3) Step 2) plot (1, 3/4) Step 3) draw the curve - start with asymptote - include two points - end behavior x Example 2: Graph y ( ) Step 1) plot (0, -5) x Step 2) plot (1, -10/3) Step 3) draw the curve - start with asymptote - include two points - end behavior Example 3: Graph ( ) . State the domain and range. y x Decay Factor When using exponential functions to model real-life situations, the equation ( ) a is the _____________________________ r is the _____________________________ (a decimal value) 1 - r is the _________________________________ Example 4: You buy a new car for $24,000. The value y of the car decreases by 16% each year. a. Write an exponential decay model for the value of the car. Use the model to estimate the value after 2 years. b. Graph the model. c. Use the graph to estimate when the car will have a value of $12,000.
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