Ch 7 Flashcards

(38 cards)

1
Q

Exponential Functional Form

A

Y=ab to the power of x

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2
Q

b in Exponential Functional Form

A

Growth or decay

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3
Q

a in Exponential Functional Form

A

Y intercept at (0,a)

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4
Q

Y intercept in Exponential Functional Form

A

at (0,a)

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5
Q

in Exponential Functional Form if b>1

A

growth

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6
Q

in Exponential Functional Form if 0< b<1

A

decay

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7
Q

the sign of the value of a determines the direction of the graph,if a>0

A

goes upward

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8
Q

the sign of the value of a determines the direction of the graph, if a<0

A

goes downward

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9
Q

in modelling exponential functions, growth formula

A

y=a(1+r)to the power of x

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10
Q

in modelling exponential functions, decay formula

A

y=a(1-r) to the power of x

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11
Q

in modelling exponential functions, a

A

initial amount before measuring growth/decay

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12
Q

in modelling exponential functions, r

A

growth/decay rate (often a percent)

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13
Q

in modelling exponential functions , x

A

number of time intervals that have passed

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14
Q

in modelling exponential functions, y

A

the final amount after measuring growth/decay

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15
Q

exponential growth+examples

A

this means that an initial amount increases at a steady rate over time examples: -population increases -growth of monetary investments

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16
Q

exponential decay+examples

A

this means that the initial amount decreases at a steady rate over a period of time

17
Q

compound interest

A

when the bank pays interest on the principal and the interest already earned

18
Q

compound interest formula

19
Q

compound interest fomrula for annual

A

A = P(1 + r)t

20
Q

compound interest formula values

A

P=principal amount invested

A=the new balance

t=the time in years

r=the rate (in decimal formal)

n=the number of times it is compounded

21
Q

compunded interest values for n

A

yearly= n=1

Quarterly= n=4

monthly- n=12

daily- n=365

22
Q

logarithmic function

A

x+log b(small)y

23
Q

exponential function

A

y=b to the power of x

24
Q

normal base in logarithmic functions (think calculator)

25
the inverse of an exponential function
is a logarithmic function
26
rule for converting exponential functions to logarithmic functions
27
change of base formula
note change x for y
28
product property
logb(small)(mn) = logb(small)m + logb(small)n
29
Quotient Property
logb(small)(m/n) = logb(small)m - logb(small)n
30
Power Property
logb(small)(m to the power of n) = n logb(small)m.
31
steps for simplifying
- start with the power property - work across with product and quotient property
32
steps for expanding
1. power property if exponents 2. Quotient Property 3. Product Property 4. Power property again if necessary 5. evaluate any logs that are only numbers if they are whole numbers or fractions
33
y=e to the power of x conversion
lny=x
34
base=e=
2.718
35
natural base
ln=logeto the power of x
36
natural vs common
both lografic natural base is common base is 10
37
pert formula
``` P = principal amount (initial investment) r = annual interest rate (as a decimal) t = number of years A = amount after time t ``` A(t)=Pe to rt
38
Rate=
difference/intial value