7.1 Exploring Exponential Models Exponential function: y = abx, a ≠ 0 and b < 0 and b ≠ 1. Exponential growth: a > 0 and b > 1 Exponential decay: a > 0 and 0 < b < 1 Asymptote: a line that a graph approaches as x or y increases in absolute value (does not touch) Growth factor: b when b > 1 Decay factor: b when 0 < b < 1 y-intercept: (0, a) asymptote: y=0 domain: all real numbers range: y > 0 To: Graph: 1) Make a table 2) Plot and connect points 3) Should look like red or blue line: Examples: Graph each function. *leave room for graph* 1) y= 3x 2) r(p)= 3(2)p Without graphing, answer: decay or growth? y-intercept? (1 line) 3) y = 12(0.95)x 4) y = 0.25(2)x 5) y = 3(4x) You put $1000 in a college savings account. The account pays 5% interest annually. 6) How much money after 3 years? Write an exponential function to model the situation. Find the amount after the specified time. 7) A population of 58,000 grows 3.5% per year for 10 years 7.2 Properties of Exponential Functions Natural base exponential functions: “e” as base e≈2.71… *use calculator to evaluate* Examples: Graph each function as a transformation of its parent function. (Leave room for graph) 1) y=2x -3 2) y= 2x+2 Evaluate each expression to 4 decimal places. (Leave 1 line) 3) e-5 4) e3/2 5) e2 Find the amount in a continuously compounded account for the given conditions. (2 lines) 6) principal:$3000 annual interest rate: 5% time: 4 years 7) principal: $1500 annual interest rate: 4.5% time: 15 years 7.3 Logarithmic Functions as Inverses “BAE”: Base, Answer, Exponent Example: Logarithmic Form Exponential Form log28 = 3 23=8 Common: (base 10) log10x = logx Natural: (base e) logex = lnx *inverses of each other* Steps to Evaluate: -Put in exponential form -Match bases using common powers -When bases are same, exponents are equal. -Set equal to each other and find value of variable Examples: (1 line) (1 line) (4 lines) Find the inverse of each function. 1) y= log4x 2) y= log10x 3) y= log (x + 1) 7.4/7.6 Properties of Logarithms Natural Log Rules: ln(mn) = ln(m) + ln(n) or ln(m/n) = ln(m) – ln(n) ln(mn) = n ∙ ln(m) SINGLE LOGARITHM (left side) = EXPANDED FORM (right side) *MUST BE SAME BASE to use log properties/rules* Change of base formula: **base on bottom (BB) ** (Then you can evaluate on calculator since it is “log base 10” or just “log”) Examples: Write each expression as single logarithm (1 line each). 1) 2) 3) 4) 5) log42 + log48 log624 – log64 5 log 3 + log 4 4 ln 3 ln 18 – ln 10 Expand each logarithm (1-2 lines each). 6) log749xyz 7) log3(2x)2 𝑎 2 𝑏3 ) 𝑐4 8) log( Use the Change of Base Formula to evaluate each expression (2 lines each). 9) log29 10) log510 Use the properties to evaluate each expression. (2-3 lines each) 11) log216– log24 12) log 5 + log 40 7.5/7.6 Notes: Exponential and Logarithmic Equations If b≠1, then by=bx if x=y *Get bases to match *Make exponents equal each other *Solve …If you can’t get bases to match easily: *Get left side to only have an exponent *Take log of both sides *match base to log base because logbb=1 and If b≠1, then logby=logbx if x=y *(if e use ln) *Use change of base formula to solve *Solve for variable …If you start with log: *Isolate log and base (add/subtract, multiply/divide) [May need to use log properties to make single logarithm] *Put in exponential form (BAE still applies) *With ln & e, you may need to use scientific notation if number is very big/small. *If you started with multiple variables, you must check answer for extraneous solutions! ** (you can’t take log of a negative) ** so, if it’s negative when plugged in, that answer is extraneous Examples: Solve Each Equation 2 lines: 1) 2x=8 2) 25x+1=32 3) 23x=4x+1 4 lines: 4) 2x=3 5) 8+10x=1008 6) 252x+1=144 7) ln x = -2 8) ln4r2=3 9) log x + 4 = 8 10) 3 log x = 1.5 11) log (5–2x) = 0 12) 𝑒x=18 𝑥 13) 14) 15) 7–2𝑒 2 = 1 log 5 – log 2x = 1 log (x – 3) + log x = 1
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