Final Flashcards
Linear function
f(x)=ax+b
Exponential function
f(x)=ab^x
If b>1; if b
b>1–growth factor
b
Natural growth mode
A(t)=A0(1+r)^t
If r>0
If -1
If r>0–growing naturally
If -1
If you know two points for natural growth model
A(t)=A0 (An/A0)^ t/n
r= (An/A0)^ 1/n -1
Newtons law of cooling
PTD (t) =T(t)-A=ab^t
Amount of money in an account earning interest compounded n times annually
A(t)=A0(1+r/n)^nt
Amount of money in an account earning interest compounded continuously
A(t)=A0e^rt
Effective annual yield reff
reff=(1+r/n)^n -1
reff=e^r -1
Quantity that grows/decays continuously
A(t)= A0e^rt
Continuous grown rate from natural growth
rc=lnb or ln(1+ rn)
Natural growth rate from continuous
rn= e^rc -1
Newtons law of heating
PTD (t)= A-T(t)=ab^t
Quadratic function
f(x)=ax^2+bx+c