7-1 Attributes of Exponential Functions TEKS FOCUS VOCABULARY TEKS (2)(A) Graph the functions 3 f(x) = 1x, f(x) = 1x , f(x) = x3 , f(x) = 2x , x f(x) = b , f(x) = 0 x 0 , and f(x) = logb(x) where b is 2, 10, and e, and, when applicable, analyze the key attributes such as domain, range, intercepts, symmetries, asymptotic behavior, and maximum and minimum given an interval. TEKS (1)(A) Apply mathematics to problems arising in everyday life, society, and the workplace. Additional TEKS (1)(C), (1)(E), (5)(B), (5)(D), (7)(I), (8)(C) ĚAsymptote – a line that a graph approaches as x or y increases in absolute value. ĚDecay factor – In an exponential ĚExponential growth – See growth factor. ĚGrowth factor – In an exponential growth function y = abx , with a 7 0 and b 7 1, the value b is the growth factor. abx , decay function y = with a 7 0 and 0 6 b 6 1, the value b is the decay factor. ĚApply – use knowledge or ĚExponential decay – See decay information for a specific purpose, such as solving a problem factor. ĚExponential function – a function with the general form y = abx , a ≠ 0, with b 7 0, and b ≠ 1. ESSENTIAL UNDERSTANDING You can represent repeated multiplication with a function of the form y = abx where b is a positive number other than 1. Concept Summary Exponential Functions For the function y = abx, the y-intercept is (0, a), the domain is all real numbers, the asymptote is y = 0, and the range is y 7 0. Exponential growth a 7 0 and b 7 1 Exponential decay a 7 0 and 0 6 b 6 1 y Exponential Growth Exponential Decay x O The x-axis is an asymptote. Key Concept Exponential Growth and Decay For growth or decay to be exponential, a quantity changes by a fixed percentage each time period. You can model exponential growth or decay with the function shown at the right. Amount after t time periods A(t) = a(1 + r)t Initial amount 266 Lesson 7-1 Attributes of Exponential Functions Rate of growth (r 7 0) or decay (r 6 0) Number of time periods Problem 1 P Comparing the Graphs of y = 2x and y = 10 x A Graph y = 2x . State the domain and range. Step 1 Make a table of values. How does making a table help you sketch the graph? The table shows coordinates of several points on the graph. Step 2 Plot and connect the points. x 2x y x 2x y 8 4 24 0 20 1 6 3 23 1 21 2 4 2 22 2 22 4 2 1 21 1 16 0.0625 1 8 0.125 1 4 0.25 1 2 0.5 3 23 8 4 2 y x O 2 4 The domain of y = 2x is all real numbers, or ( - ∞, ∞ ). The range is y 7 0, or (0, ∞ ). B Graph y = 10x . State the domain and range. Step 1 Make a table of values. Step 2 Plot and connect the points. x 10x y -2 10 -2 -1 10 -1 1 100 1 10 0 10 0 1 4 1 101 10 2 0 102 100 10 y 8 6 -4 -2 O x 2 The domain of y = 10 x is all real numbers, or ( - ∞, ∞ ). The range is y 7 0, or (0, ∞ ). C Compare the graphs above. Describe the intercepts and the asymptotes. Both graphs are increasing for all values of x, but y = 10 x increases more rapidly than y = 2x . Both graphs have a y-intercept of 1, and no x-intercept. Since the graphs approach the x-axis as x decreases, y = 0 is a horizontal asymptote of each graph. PearsonTEXAS.com 267 Problem 2 P Analyzing Attributes of the Graphs of y = 2 x and y = 10 x On separate grids, graph the functions f (x) = 2x and g (x) = 10 x . Use the graphs to answer the following questions. What are the minimum and maximum of f (x) on the interval [ −2, 1]? What are the minimum and maximum of g (x) on the same interval? From the graphs, it is clear that f and g increase as x increases. f (x) How do you evaluate the functions for negative values of x? 2-x and 10-x can be written as 21x and 101 x . 8 −4 −2 g(x) y 10 6 8 4 6 2 4 O x 2 2 4 −2 The minimum value of f (x) on the interval is f ( -2) = 2-2 = 14 . The maximum value of f (x) on the interval is f (1) = 21 = 2. y O x 2 4 The minimum value of g (x) on 1 the interval is g ( -2) = 10-2 = 100 . The maximum value of g (x) on the interval is g (1) = 101 = 10. Problem bl 3 TEKS Process Standard (1)(A) Identifying Exponential Growth and Decay Identify each function or situation as an example of exponential growth or decay. What is the y-intercept? A y = 12(0.95)x What quantity does the y-intercept represent? The y-intercept is the amount of money at t = 0, which is the initial investment. 268 Lesson 7-1 Since 0 6 b 6 1, the function represents exponential decay. The y-intercept is (0, a) = (0, 12). B y = 0.25(2)x Since b 7 1, the function represents exponential growth. The y-intercept is (0, a) = (0, 0.25). C You put $1000 into a college savings account for four years. The account pays 5% interest annually. The amount of money in the bank grows by 5% annually. It represents exponential growth. The y-intercept is 1000, which is the dollar value of the initial investment. Attributes of Exponential Functions Problem 4 P TEKS Process Standard (1)(A) Modeling Exponential Growth You invested $1000 in a savings account at the end of 6th grade. The account pays 5% annual interest. How much money will be in the account after six years? Step 1 Determine if an exponential function is a reasonable model. The money grows at a fixed rate of 5% per year. An exponential model, A (t) = a (1 + r)t , is appropriate. Step 2 Define the variables. Let t = the number of years since the money was invested. Let A (t) = the amount in the account after each year. What is the growth rate r? It is the annual interest rate, written as a decimal: 5% = 0.05. Step 3 Use the model to solve the problem. S A (6) = 1000(1 + 0.05)6 = 1000(1.05)6 Substitute a = 1000, r = 0.05, and t = 6. Simplify. ≈ $1340.10 The account contains $1340.10 after six years. Problem bl 5 TEKS Process Standard (1)(E) Using Exponential Growth Suppose you invest $1000 in a savings account that pays 5% annual interest. If you make no additional deposits or withdrawals, how many years will it take for the account to grow to at least $1500? How can you make a table to solve this problem? Define the variables, write an equation, and enter it into a graphing calculator. Then you can inspect a table to find the solution. Define the variables. Determine the model. Make a table using the table feature on a graphing calculator. Find the input when the output is 1500. Let t = the number of years. Let A (t) = the amount in the account after t years. A (t) = 1000(1 + 0.05)t = 1000(1.05)t X Y1 4 5 6 7 8 9 10 1215.5 1276.3 1340.1 1407.1 1477.5 1551.3 1628.9 Y1=1551.32821598 The account pays interest only once a year. The balance after the 8th year is not yet $1500. The account will not contain $1500 until the ninth year. After nine years, the balance will be $1551.33. PearsonTEXAS.com 269 Problem 6 P Writing an Exponential Function STEM Endangered Species The table shows the world population of the Iberian lynx in 2003 and 2004. If this trend continued and the population decreased exponentially, how many Iberian lynx were there in 2014? Use the general form of the exponential equation, y = abx = a(1 + r)x. Step 1 Define the variables. How can you find the value of r? You can use the populations for two consecutive years to find r. Let x = the number of years since 2003. Let y = the population of the Iberian lynx. Step 2 Determine r. S Use the populations for 2003 and 2004. r= = y2 - y1 y1 World Population of Iberian Lynx 120 - 150 150 Year = -0.2 Population Step 3 Use r to determine b. b = 1 + r = 1 + ( -0.2) = 0.8 Step 4 Write the model. y = abx 150 = a (0.8)0 150 = a How do you find the x-value corresponding to 2014? The initial x-value corresponds to 2003, so find the difference. Solve for a using the initial values x 0 and y 150. The model is y = 150(0.8)x. Step 5 Use the model to find the population in 2014. S For the year 2014, x = 2014 - 2003 = 11. y = 150(0.8)x = 150(0.8)11 ≈ 13 If the 2003–2004 trend continued, there were approximately 13 Iberian lynx in the wild in 2014. 270 Lesson 7-1 Attributes of Exponential Functions 2003 2004 150 120 HO ME RK O NLINE WO PRACTICE and APPLICATION EXERCISES Scan page for a Virtual Nerd™ tutorial video. Determine if the statement is sometimes, always, or never true. 1. For a given x-value, the graph of y = 10x lies above the graph of y = 2x . For additional support when completing your homework, go to PearsonTEXAS.com. 2. For a given x-value, the y-value of y = 2x is positive. 3. The domain of an exponential function y = bx , where b 7 1, is all real numbers. 4. Graph the functions y = 2x , y = 5x , and y = 10x on a graphing calculator. Then make a conjecture about the graph of y = bx , where b 7 1. For each exponential function, sketch the graph on a coordinate plane. Then identify any asymptotes and find the minimum and maximum values of f (x) on the given interval. 5. f (x) = 2x; [ -2, 4] 6. f (x) = 10 x; [ -7, 5] 7. Explain how the asymptotic behavior of the graph of f (x) = 2x affects the x- and y-intercepts of the graph. 8. A student claims the line x = 4 is a vertical asymptote of the graph of f (x) = 10x because the graph appears to become vertical as x approaches 4. Is the student correct? Construct a graph as evidence of your position and explain your reasoning. Without graphing, determine whether the function represents exponential growth or exponential decay. Then find the y-intercept. 9. y = 129(1.63)x 10. f (x) = 2(0.65)x 17 x ( ) 11. y = 12 10 x 12. y = 0.8 18 () 13. Apply Mathematics (1)(A) Suppose you deposit $2000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from the account, answer the following questions. a. How much will be in the account after 3 years? after 18 years? b. How many years will it take for the account to contain $3000? 14. Apply Mathematics (1)(A) The function y = 20(0.975)x models the intensity of sunlight beneath the surface of the ocean. The output y represents the percent of surface sunlight intensity that reaches a depth of x feet. The model is accurate from about 20 feet to about 600 feet beneath the surface. a. Find the percent of sunlight 50 feet beneath the surface of the ocean. b. Find the percent of sunlight at a depth of 370 feet. p 15. Apply Mathematics (1)(A) Determine which situation best matches the graph. A. A population of 120 cougars decreases 98.75% yearly. 75 B. A population of 120 cougars increases 1.25% yearly. C. A population of 115 cougars decreases 1.25% yearly. D. A population of 115 cougars decreases 50% yearly. 25 O t 10 20 30 PearsonTEXAS.com 271 16. Apply Mathematics (1)(A) The population of a certain animal species decreases at a rate of 3.5% per year. You have counted 80 of the animals in the habitat you are studying. a. Write a function that models the change in the animal population. b. Select Tools to Solve Problems (1)(C) Graph the function. Estimate the number of years until the population first drops below 15 animals. 17. Apply Mathematics (1)(A) While you are waiting for your tennis partner to show up, you drop your tennis ball from 5 feet. Its rebound was approximately 35 inches on the first bounce and 21.5 inches on the second. What exponential function would be a good model for the bouncing ball? 35 in. 18. Apply Mathematics (1)(A) The value of an industrial machine has a decay factor of 0.75 per year. After six years, the machine is worth $7500. What was the original value of the machine? 5 ft. 21.5 in. 19. Create Representations to Communicate Mathematical Ideas (1)(E) Write a problem that could be modeled with y = 20(1.1)x. Write an exponential function to model each situation. Find each amount after the specified time. 20. A population of 120,000 grows 1.2% per year for 15 years. 21. A population of 1,860,000 decreases 1.5% each year for 12 years. TEXAS Test Practice T 22. Which function represents the value after x years of a new delivery van that costs $25,000 and depreciates 15% each year? A. y = -15(25,000)x C. y = 25,000(0.85)x B. y = 25,000(0.15)x D. y = 25,000(1.15)x 23. Which graph represents the equation y = x2 - x - 2? y y y F. H. G. 2 2 2 O 2x 2 O x O J. 2x 2 2x 2 2 272 Lesson 7-1 Attributes of Exponential Functions y
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