Class work: More exponential modeling

Size: px
Start display at page:

Download "Class work: More exponential modeling"

Transcription

1 November 5, 03 Exponential modeling page Class work: More exponential modeling Exponential equation: f(x) = a b x = (starting amount) (multiplier) x Summary: ways to find the multiplier If you re given a percent rate of increase: multiplier = + (the rate written as a decimal). If you re given a percent rate of decrease: multiplier = (the rate written as a decimal). If you re given a fraction rate of increase: multiplier = + fraction. If you re given a fraction rate of decrease: multiplier = fraction. If you re given a number that s used for repeated multiplication, multiplier = that number. (For example, if a problem says that an amount triples every day, then multiplier = 3.) Class Problems:. Find the multiplier for each change described below. If the description of the change is increase by 6%.06 decrease by 6% 0.94 increase by 0% decrease by 0% increase by 7.89% decrease by 7.89% double it quadruple it twenty times as much half as much increase by 4 decrease by 4 increase by 3 decrease by 3 then the multiplier is

2 November 5, 03 Exponential modeling page Try it in reverse. Here you are given various multipliers. Write a description of each change (for example, increase by or decrease by If the description of the change is then the multiplier is For each of these exponential functions, identify the starting amount, identify whether it is a % increase or decrease, and identify the % change. a. y = (.033) x b. y = 400 (0.4) x b. y = 5. () x

3 November 5 or 6, 03 Exponential modeling page 3 Homework Problems:. Suppose that someone puts their favorite photograph on an enlarging photocopier and enlarges it repeatedly (by copying the original, then copying the copy, then copying the copy, and so on). a. Suppose the copier s zoom enlarges the picture by 5%. Starting with a photocopier that s 3 inches tall, fill in this table with how tall it will be after the first few steps of copying. x = number of times copied f(x) = height b. Write a function formula equation relating x and f(x), giving what the height f(x) will be after copying x times. f(x) = c. The process will have to stop when the full height of the photocopier glass is reached. That maximum height is inches. After how many copying steps will this height be reached? Use table on calculator.. A major newspaper had 800,000 subscriptions in the year 000. The number of subscriptions in each year since then is given by the function f(x) = 800,000 (0.94) x, where x stands for the number of years since 000. a. Has the number of subscriptions been increasing or decreasing? Tell how you know. b. What is the rate of increase or decrease for the number of subscriptions, as a percentage?

4 November 5 or 6, 03 Exponential modeling page 4 c. How many subscriptions will there be in the year 006? d. How many years until there are less than 500,000 subscriptions? Use your table on the calculator. 3. Suppose that a city s population is given by the function f(x) = x, where x stands for the number of years since Mayor O Connor took office. a. Is the population increasing or decreasing each year? By what percent? b. Find the population 4 years after Mayor O Connor took office. c. Evaluate f(0), and explain the meaning of the answer in terms of the city s population. d. Using the Table ([nd][graph]) command on your calculator, complete in this input-output table. year x population f(x)

5 November 5 or 6, 03 Exponential modeling page 5 4. A new laptop computer is worth $,00. Each year, the laptop s value decreases by 30%. a. Write a function formula for V(t), the computer s value after t years. b. Evaluate V(3), and explain the meaning of the answer in terms of the laptop. c. Make an input-output table for function V(t) on your calculator. (You don t have to copy it onto your paper.) Use the table to answer the question: After how many years does the value of the laptop fall below $00? 5. A population of 500 elk is released in a wildlife preserve. Each year, the population grows by 6.4%. a. What is the multiplier number for a 6.4% increase? b. Write a function formula for P(t), the elk population after t years. c. After 3 years, how many elk are there? d. Use an input-output table to get the answer to this question: After how many years will the elk population exceed 800 elk?

UNIT 3A. Uses and Abuses of Percentages

UNIT 3A. Uses and Abuses of Percentages UNIT 3A Uses and Abuses of Percentages PERCENTAGES Per Cent.Per 100.divided by 100 Uses symbol % 25% is read 25 per cent and means 25/100 = 0.25 P% = P/100 Examples 40% = 40/100 = 0.40 100% = 100/100=

More information

SA2 Unit 4 Investigating Exponentials in Context Classwork A. Double Your Money. 2. Let x be the number of assignments completed. Complete the table.

SA2 Unit 4 Investigating Exponentials in Context Classwork A. Double Your Money. 2. Let x be the number of assignments completed. Complete the table. Double Your Money Your math teacher believes that doing assignments consistently will improve your understanding and success in mathematics. At the beginning of the year, your parents tried to encourage

More information

Investigate. Name Per Algebra IB Unit 9 - Exponential Growth Investigation. Ratio of Values of Consecutive Decades. Decades Since

Investigate. Name Per Algebra IB Unit 9 - Exponential Growth Investigation. Ratio of Values of Consecutive Decades. Decades Since Name Per Algebra IB Unit 9 - Exponential Growth Investigation Investigate Real life situation 1) The National Association Realtors estimates that, on average, the price of a house doubles every ten years

More information

Lesson 16: Saving for a Rainy Day

Lesson 16: Saving for a Rainy Day Opening Exercise Mr. Scherer wanted to show his students a visual display of simple and compound interest using Skittles TM. 1. Two scenes of his video (at https://www.youtube.com/watch?v=dqp9l4f3zyc)

More information

Algebra I Block Unit #2: Sequences & Exponential Functions Lesson #5: The Power of Exponential Growth

Algebra I Block Unit #2: Sequences & Exponential Functions Lesson #5: The Power of Exponential Growth Algebra I Block Unit #2: Sequences & Exponential Functions Lesson #5: The Power of Exponential Growth Name Period Date DAY #1 Ex #1: Two equipment rental companies have different penalty policies for returning

More information

7-3 Exponential Review I can apply exponential properties and use them I can model real-world situations using exponential functions Warm-Up 1. Find the next three terms in the sequence 2, 6, 18, 54,,,

More information

Pre-Algebra Blizzard Bag Number 3

Pre-Algebra Blizzard Bag Number 3 Name: Class: Date: ID: A Pre-Algebra Blizzard Bag Number 3 Multiple Choice Identify the choice that best completes the statement or answers the question. Express each ratio as a fraction in simplest form..

More information

MATH 111 Worksheet 21 Replacement Partial Compounding Periods

MATH 111 Worksheet 21 Replacement Partial Compounding Periods MATH 111 Worksheet 1 Replacement Partial Compounding Periods Key Questions: I. XYZ Corporation issues promissory notes in $1,000 denominations under the following terms. You give them $1,000 now, and eight

More information

EXPONENTIAL FUNCTIONS GET A GUIDED NOTES SHEET FROM THE BACK!

EXPONENTIAL FUNCTIONS GET A GUIDED NOTES SHEET FROM THE BACK! EXPONENTIAL FUNCTIONS GET A GUIDED NOTES SHEET FROM THE BACK! EXPONENTIAL FUNCTIONS An exponential function is a function with a variable in the exponent. f(x) = a(b) x EXPONENTIAL FUNCTIONS Parent graphs

More information

Percents and Ratios If a discount of 25% off the retail price of a desk saves Mark $45, how much did he pay for the desk?

Percents and Ratios If a discount of 25% off the retail price of a desk saves Mark $45, how much did he pay for the desk? Percents and Ratios 1. If a discount of 25% off the retail price of a desk saves Mark $45, how much did he pay for the desk? $135 $160 $180 $210 $215 2. A customer pays $1,100 in state taxes on a newly

More information

Chapter 17. The. Value Example. The Standard Error. Example The Short Cut. Classifying and Counting. Chapter 17. The.

Chapter 17. The. Value Example. The Standard Error. Example The Short Cut. Classifying and Counting. Chapter 17. The. Context Short Part V Chance Variability and Short Last time, we learned that it can be helpful to take real-life chance processes and turn them into a box model. outcome of the chance process then corresponds

More information

Lesson Exponential Models & Logarithms

Lesson Exponential Models & Logarithms SACWAY STUDENT HANDOUT SACWAY BRAINSTORMING ALGEBRA & STATISTICS STUDENT NAME DATE INTRODUCTION Compound Interest When you invest money in a fixed- rate interest earning account, you receive interest at

More information

College Prep Mathematics Mrs. Barnett

College Prep Mathematics Mrs. Barnett College Prep Mathematics Mrs. Barnett 3-1 Percent and Number Equivalents Goals: Write any number as a percent equivalent Write any percent as a numerical equivalent Writing numbers as percents Remember

More information

Contents. More or Less. Additional Practice. Answers to Check Your Work. Section D

Contents. More or Less. Additional Practice. Answers to Check Your Work. Section D Contents Section Enlarge or Reduce 26 iscount 28 Sales Tax 29 Growing Interest 31 Summary 32 Check Your Work 33 Additional Practice Answers to Check Your Work Contents v Enlarge or Reduce Maritza, Laura,

More information

Chapter 10: Exponential Functions

Chapter 10: Exponential Functions Chapter 10: Exponential Functions Lesson 1: Introduction to Exponential Functions and Equations Lesson 2: Exponential Graphs Lesson 3: Finding Equations of Exponential Functions Lesson 4: Exponential Growth

More information

Answers are on next slide. Graphs follow.

Answers are on next slide. Graphs follow. Sec 3.1 Exponential Functions and Their Graphs November 27, 2018 Exponential Function - the independent variable is in the exponent. Model situations with constant percentage change exponential growth

More information

Answers are on next slide. Graphs follow.

Answers are on next slide. Graphs follow. Sec 3.1 Exponential Functions and Their Graphs Exponential Function - the independent variable is in the exponent. Model situations with constant percentage change exponential growth exponential decay

More information

12.3 Geometric Series

12.3 Geometric Series Name Class Date 12.3 Geometric Series Essential Question: How do you find the sum of a finite geometric series? Explore 1 Investigating a Geometric Series A series is the expression formed by adding the

More information

CHAPTER 7: RELATING FRACTIONS, DECIMALS, AND PERCENTS

CHAPTER 7: RELATING FRACTIONS, DECIMALS, AND PERCENTS CHAPTER 7: RELATING FRACTIONS, DECIMALS, AND PERCENTS 7. CONVERTING FRACTIONS TO DECIMALS P. -3 7. CONVERTING DECIMALS TO FRACTIONS P. 4-5 7.3 CONVERTING DECIMALS AND PERCENTS P. 6-7 7.4 CONVERSIONS REVIEW

More information

Completing the Square. A trinomial that is the square of a binomial. x Squaring half the coefficient of x. AA65.pdf.

Completing the Square. A trinomial that is the square of a binomial. x Squaring half the coefficient of x. AA65.pdf. AA65.pdf 6.5 Completing the Square 1. Converting from vertex form to standard form involves expanding the square of the binomial, distributing a, and then isolating y. What method does converting from

More information

Financial Applications Involving Exponential Functions

Financial Applications Involving Exponential Functions Section 6.5: Financial Applications Involving Exponential Functions When you invest money, your money earns interest, which means that after a period of time you will have more money than you started with.

More information

MA 1125 Lecture 14 - Expected Values. Wednesday, October 4, Objectives: Introduce expected values.

MA 1125 Lecture 14 - Expected Values. Wednesday, October 4, Objectives: Introduce expected values. MA 5 Lecture 4 - Expected Values Wednesday, October 4, 27 Objectives: Introduce expected values.. Means, Variances, and Standard Deviations of Probability Distributions Two classes ago, we computed the

More information

Quantitative Literacy: Thinking Between the Lines

Quantitative Literacy: Thinking Between the Lines Quantitative Literacy: Thinking Between the Lines Crauder, Noell, Evans, Johnson Chapter 4: Personal Finance 2013 W. H. Freeman and Company 1 Chapter 4: Personal Finance Lesson Plan Saving money: The power

More information

Exponential Modeling/Regression

Exponential Modeling/Regression Exponential Modeling/Regression Name: 1) John decided to start investing for his retirement with the money he received when his grandfather passed away. John s grandfather passed away when he was 23 years

More information

Exponential Modeling. Growth and Decay

Exponential Modeling. Growth and Decay Exponential Modeling Growth and Decay Identify each as growth or Decay What you should Know y Exponential functions 0

More information

Completing the Square. A trinomial that is the square of a binomial. x Square half the coefficient of x. AA65.pdf.

Completing the Square. A trinomial that is the square of a binomial. x Square half the coefficient of x. AA65.pdf. AA65.pdf 6.5 Completing the Square 1. Converting from vertex form to standard form involves expanding the square of the binomial, distributing a, and then isolating y. What method does converting from

More information

Learning Plan 3 Chapter 3

Learning Plan 3 Chapter 3 Learning Plan 3 Chapter 3 Questions 1 and 2 (page 82) To convert a decimal into a percent, you must move the decimal point two places to the right. 0.72 = 72% 5.46 = 546% 3.0842 = 308.42% Question 3 Write

More information

Comparing Linear Increase and Exponential Growth

Comparing Linear Increase and Exponential Growth Lesson 7-7 Comparing Linear Increase and Exponential Growth Lesson 7-7 BIG IDEA In the long run, exponential growth always overtakes linear (constant) increase. In the patterns that are constant increase/decrease

More information

Only to be used for arranged hours, Will count as two activites. Math 31 Activity # 5 Word Problems

Only to be used for arranged hours, Will count as two activites. Math 31 Activity # 5 Word Problems Math 31 Activity # 5 Word Problems Your Name: USING MATH TO SOLVE REAL LIFE PROBLEMS 1. Read the question carefully till you understand it, then assign well- defined variable(s) to the unknown in complete

More information

Daily Outcomes: I can evaluate, analyze, and graph exponential functions. Why might plotting the data on a graph be helpful in analyzing the data?

Daily Outcomes: I can evaluate, analyze, and graph exponential functions. Why might plotting the data on a graph be helpful in analyzing the data? 3 1 Exponential Functions Daily Outcomes: I can evaluate, analyze, and graph exponential functions Would the increase in water usage mirror the increase in population? Explain. Why might plotting the data

More information

Adjusting Nominal Values to

Adjusting Nominal Values to Adjusting Nominal Values to Real Values By: OpenStaxCollege When examining economic statistics, there is a crucial distinction worth emphasizing. The distinction is between nominal and real measurements,

More information

Working with Percents

Working with Percents Working with Percents Percent means parts per hundred or for every hundred Can write as 40 or.40 or 40% - fractions or decimals or percents 100 Converting and rewriting decimals, percents and fractions:

More information

MA 1125 Lecture 12 - Mean and Standard Deviation for the Binomial Distribution. Objectives: Mean and standard deviation for the binomial distribution.

MA 1125 Lecture 12 - Mean and Standard Deviation for the Binomial Distribution. Objectives: Mean and standard deviation for the binomial distribution. MA 5 Lecture - Mean and Standard Deviation for the Binomial Distribution Friday, September 9, 07 Objectives: Mean and standard deviation for the binomial distribution.. Mean and Standard Deviation of the

More information

5.2 Multiplying Polynomial Expressions

5.2 Multiplying Polynomial Expressions Name Class Date 5. Multiplying Polynomial Expressions Essential Question: How do you multiply binomials and polynomials? Resource Locker Explore Modeling Binomial Multiplication Using algebra tiles to

More information

Homework: Due Wed, Nov 3 rd Chapter 8, # 48a, 55c and 56 (count as 1), 67a

Homework: Due Wed, Nov 3 rd Chapter 8, # 48a, 55c and 56 (count as 1), 67a Homework: Due Wed, Nov 3 rd Chapter 8, # 48a, 55c and 56 (count as 1), 67a Announcements: There are some office hour changes for Nov 5, 8, 9 on website Week 5 quiz begins after class today and ends at

More information

7.5 exponential growth and decay 2016 ink.notebook. February 13, Page 69. Page Exponential Growth and Decay. Standards.

7.5 exponential growth and decay 2016 ink.notebook. February 13, Page 69. Page Exponential Growth and Decay. Standards. 7.5 exponential growth and decay 2016 ink.notebook Page 69 Page 70 7.5 Exponential Growth and Decay Lesson Objectives Standards Lesson Notes Page 71 7.5 Exponential Growth and Decay Press the tabs to view

More information

These terms are the same whether you are the borrower or the lender, but I describe the words by thinking about borrowing the money.

These terms are the same whether you are the borrower or the lender, but I describe the words by thinking about borrowing the money. Simple and compound interest NAME: These terms are the same whether you are the borrower or the lender, but I describe the words by thinking about borrowing the money. Principal: initial amount you borrow;

More information

Econ 102 Savings, Investment, and the Financial System

Econ 102 Savings, Investment, and the Financial System Econ 102 Savings, Investment, and the Financial System 1. 2. Savings-Investment Identity a) Derive the identity between national savings (i.e. sum of private savings and government savings) and investment

More information

Unit 8 - Math Review. Section 8: Real Estate Math Review. Reading Assignments (please note which version of the text you are using)

Unit 8 - Math Review. Section 8: Real Estate Math Review. Reading Assignments (please note which version of the text you are using) Unit 8 - Math Review Unit Outline Using a Simple Calculator Math Refresher Fractions, Decimals, and Percentages Percentage Problems Commission Problems Loan Problems Straight-Line Appreciation/Depreciation

More information

Percents, Explained By Mr. Peralta and the Class of 622 and 623

Percents, Explained By Mr. Peralta and the Class of 622 and 623 Percents, Eplained By Mr. Peralta and the Class of 622 and 623 Table of Contents Section 1 Finding the New Amount if You Start With the Original Amount Section 2 Finding the Original Amount if You Start

More information

The Next Step. Mathematics Applications for Adults. Book Percents

The Next Step. Mathematics Applications for Adults. Book Percents The Next Step Mathematics Applications for Adults Book 14016 Percents OUTLINE Mathematics - Book 14016 Percents Understanding and Comparing Percents demonstrate an ability to visualize percent. compare

More information

Objectives: Students will be able to model word problems with exponential functions and use logs to solve exponential models.

Objectives: Students will be able to model word problems with exponential functions and use logs to solve exponential models. Pre-AP Algebra 2 Unit 9 - Lesson 6 Exponential Modeling Objectives: Students will be able to model word problems with exponential functions and use logs to solve exponential models. Materials: Hw #9-5

More information

Version A. Problem 1. Let X be the continuous random variable defined by the following pdf: 1 x/2 when 0 x 2, f(x) = 0 otherwise.

Version A. Problem 1. Let X be the continuous random variable defined by the following pdf: 1 x/2 when 0 x 2, f(x) = 0 otherwise. Math 224 Q Exam 3A Fall 217 Tues Dec 12 Version A Problem 1. Let X be the continuous random variable defined by the following pdf: { 1 x/2 when x 2, f(x) otherwise. (a) Compute the mean µ E[X]. E[X] x

More information

21.1 Arithmetic Growth and Simple Interest

21.1 Arithmetic Growth and Simple Interest 21.1 Arithmetic Growth and Simple Interest When you open a savings account, your primary concerns are the safety and growth of your savings. Suppose you deposit $100 in an account that pays interest at

More information

Name For those going into. Algebra 1 Honors. School years that begin with an ODD year: do the odds

Name For those going into. Algebra 1 Honors. School years that begin with an ODD year: do the odds Name For those going into LESSON 2.1 Study Guide For use with pages 64 70 Algebra 1 Honors GOAL: Graph and compare positive and negative numbers Date Natural numbers are the numbers 1,2,3, Natural numbers

More information

Math Winter 2014 Exam 1 January 30, PAGE 1 13 PAGE 2 11 PAGE 3 12 PAGE 4 14 Total 50

Math Winter 2014 Exam 1 January 30, PAGE 1 13 PAGE 2 11 PAGE 3 12 PAGE 4 14 Total 50 Name: Math 112 - Winter 2014 Exam 1 January 30, 2014 Section: Student ID Number: PAGE 1 13 PAGE 2 11 PAGE 3 12 PAGE 4 14 Total 50 After this cover page, there are 5 problems spanning 4 pages. Please make

More information

c. Graph this on your calculator and determine about when the average was 600 pages.

c. Graph this on your calculator and determine about when the average was 600 pages. EXPONENTIAL MODELING: CLASS PROBLEMS 1. In 1950 the average Algebra II book had 412 pages. The current Algebra II book has 850 pages. a. What was the annual percentage growth in the number of pages? b.

More information

Introduction to Basic Excel Functions and Formulae Note: Basic Functions Note: Function Key(s)/Input Description 1. Sum 2. Product

Introduction to Basic Excel Functions and Formulae Note: Basic Functions Note: Function Key(s)/Input Description 1. Sum 2. Product Introduction to Basic Excel Functions and Formulae Excel has some very useful functions that you can use when working with formulae. This worksheet has been designed using Excel 2010 however the basic

More information

10% is 8, and 1% is 0.8. ACTIVITY: Finding 10% of a Number. a. How did Newton know that 10% of 80 is 8? = 10 =

10% is 8, and 1% is 0.8. ACTIVITY: Finding 10% of a Number. a. How did Newton know that 10% of 80 is 8? = 10 = 5.6 Solving Percent Problems percent of a number? How can you use mental math to find the I have a secret way for finding 2% of 80. 0% is 8, and % is 0.8. So, 2% is 8 + 8 + 0.8 = 6.8. ACTIVITY: Finding

More information

Page Points Score Total: 100

Page Points Score Total: 100 Math 1130 Spring 2019 Sample Midterm 2b 2/28/19 Name (Print): Username.#: Lecturer: Rec. Instructor: Rec. Time: This exam contains 10 pages (including this cover page) and 9 problems. Check to see if any

More information

This method uses not only values of a function f(x), but also values of its derivative f'(x). If you don't know the derivative, you can't use it.

This method uses not only values of a function f(x), but also values of its derivative f'(x). If you don't know the derivative, you can't use it. Finding Roots by "Open" Methods The differences between "open" and "closed" methods The differences between "open" and "closed" methods are closed open ----------------- --------------------- uses a bounded

More information

What is the growth factor? Explain how you found it. Growth of Elk Population. Population

What is the growth factor? Explain how you found it. Growth of Elk Population. Population Applications 1. In parts of the United States, wolves are being reintroduced to wilderness areas where they had become extinct. Suppose 2 wolves are released in northern Michigan, and the yearly growth

More information

Math Fall 2016 Final Exam December 10, Total 100

Math Fall 2016 Final Exam December 10, Total 100 Name: Math 111 - Fall 2016 Final Exam December 10, 2016 Section: Student ID Number: 1 15 2 13 3 14 4 15 5 13 6 15 7 15 Total 100 You are allowed to use a Ti-30x IIS Calculator (only this model!), a ruler,

More information

LESSON 3.4 PERCENT OF CHANGE. 92 Lesson 3.4 ~ Percent of Change

LESSON 3.4 PERCENT OF CHANGE. 92 Lesson 3.4 ~ Percent of Change PERCENT OF CHANGE LESSON 3.4 EXPLORE! MINIMUM WAGE In 2009, Washington had the highest minimum wage rate in the United States. The chart below gives the minimum wage in Washington from 2005 to 2009. Year

More information

IE 343 Midterm Exam 1

IE 343 Midterm Exam 1 IE 343 Midterm Exam 1 Feb 17, 2012 Version A Closed book, closed notes. Write your printed name in the spaces provided above on every page. Show all of your work in the spaces provided. Interest rate tables

More information

1. Confidence Intervals (cont.)

1. Confidence Intervals (cont.) Math 1125-Introductory Statistics Lecture 23 11/1/06 1. Confidence Intervals (cont.) Let s review. We re in a situation, where we don t know µ, but we have a number from a normal population, either an

More information

Expected Value of a Random Variable

Expected Value of a Random Variable Knowledge Article: Probability and Statistics Expected Value of a Random Variable Expected Value of a Discrete Random Variable You're familiar with a simple mean, or average, of a set. The mean value of

More information

PAP Algebra 2. Unit 7A. Exponentials Name Period

PAP Algebra 2. Unit 7A. Exponentials Name Period PAP Algebra 2 Unit 7A Exponentials Name Period 1 2 Pre-AP Algebra After Test HW Intro to Exponential Functions Introduction to Exponential Growth & Decay Who gets paid more? Median Income of Men and Women

More information

January 29. Annuities

January 29. Annuities January 29 Annuities An annuity is a repeating payment, typically of a fixed amount, over a period of time. An annuity is like a loan in reverse; rather than paying a loan company, a bank or investment

More information

Further Mathematics 2016 Core: RECURSION AND FINANCIAL MODELLING Chapter 6 Interest and depreciation

Further Mathematics 2016 Core: RECURSION AND FINANCIAL MODELLING Chapter 6 Interest and depreciation Further Mathematics 2016 Core: RECURSION AND FINANCIAL MODELLING Chapter 6 Interest and depreciation Key knowledge the use of first- order linear recurrence relations to model flat rate and unit cost and

More information

(for tutoring, homework help, or help with online classes)

(for tutoring, homework help, or help with online classes) www.tutor-homework.com (for tutoring, homework help, or help with online classes) 1 of 25 An explosion causes debris to rise vertically with an initial velocity of 9 feet per second. The function s(t)

More information

Introduction to the Compound Interest Formula

Introduction to the Compound Interest Formula Introduction to the Compound Interest Formula Lesson Objectives: students will be introduced to the formula students will learn how to determine the value of the required variables in order to use the

More information

3.1 Exponential Functions and Their Graphs Date: Exponential Function

3.1 Exponential Functions and Their Graphs Date: Exponential Function 3.1 Exponential Functions and Their Graphs Date: Exponential Function Exponential Function: A function of the form f(x) = b x, where the b is a positive constant other than, and the exponent, x, is a variable.

More information

a. Compare the average rate of change from 1950 to 1970 for both the U.S. and world populations.

a. Compare the average rate of change from 1950 to 1970 for both the U.S. and world populations. Aim #84: How do we compare linear and exponential growth? 3-31-17 Homework: Handout Do Now: Callie and Joe are examining the population data in the graphs below for a history report. Their comments are

More information

Section 5.1 Simple and Compound Interest

Section 5.1 Simple and Compound Interest Section 5.1 Simple and Compound Interest Question 1 What is simple interest? Question 2 What is compound interest? Question 3 - What is an effective interest rate? Question 4 - What is continuous compound

More information

Interest Rates: Credit Cards and Annuities

Interest Rates: Credit Cards and Annuities Interest Rates: Credit Cards and Annuities 25 April 2014 Interest Rates: Credit Cards and Annuities 25 April 2014 1/25 Last Time Last time we discussed loans and saw how big an effect interest rates were

More information

Analyzing Accumulated Change: More Applications of Integrals & 7.1 Differences of Accumulated Changes

Analyzing Accumulated Change: More Applications of Integrals & 7.1 Differences of Accumulated Changes Chapter 7 Analyzing Accumulated Change: More Applications of Integrals & 7.1 Differences of Accumulated Changes This chapter helps you effectively use your calculatorõs numerical integrator with various

More information

2. Find the marginal profit if a profit function is (2x 2 4x + 4)e 4x and simplify.

2. Find the marginal profit if a profit function is (2x 2 4x + 4)e 4x and simplify. Additional Review Exam 2 MATH 2053 The only formula that will be provided is for economic lot size (section 12.3) as announced in class, no WebWork questions were given on this. km q = 2a Please note not

More information

Section 7C Finding the Equation of a Line

Section 7C Finding the Equation of a Line Section 7C Finding the Equation of a Line When we discover a linear relationship between two variables, we often try to discover a formula that relates the two variables and allows us to use one variable

More information

Biostatistics and Design of Experiments Prof. Mukesh Doble Department of Biotechnology Indian Institute of Technology, Madras

Biostatistics and Design of Experiments Prof. Mukesh Doble Department of Biotechnology Indian Institute of Technology, Madras Biostatistics and Design of Experiments Prof. Mukesh Doble Department of Biotechnology Indian Institute of Technology, Madras Lecture - 05 Normal Distribution So far we have looked at discrete distributions

More information

troduction to Algebra

troduction to Algebra Chapter Six Percent Percents, Decimals, and Fractions Understanding Percent The word percent comes from the Latin phrase per centum,, which means per 100. Percent means per one hundred. The % symbol is

More information

7 THE CENTRAL LIMIT THEOREM

7 THE CENTRAL LIMIT THEOREM CHAPTER 7 THE CENTRAL LIMIT THEOREM 373 7 THE CENTRAL LIMIT THEOREM Figure 7.1 If you want to figure out the distribution of the change people carry in their pockets, using the central limit theorem and

More information

MATH 008 LECTURE NOTES Dr JASON SAMUELS. Ch1 Whole Numbers $55. Solution: =81+495= = 36$

MATH 008 LECTURE NOTES Dr JASON SAMUELS. Ch1 Whole Numbers $55. Solution: =81+495= = 36$ MATH 008 LECTURE NOTES Dr JASON SAMUELS Ch1 Whole Numbers $55 Solution: 81+9 55=81+495=576 576-540 = 36$ This alternate way to multiply is called the lattice method, because the boxes make a lattice. The

More information

Things to Learn (Key words, Notation & Formulae)

Things to Learn (Key words, Notation & Formulae) Things to Learn (Key words, Notation & Formulae) Key words: Percentage This means per 100 or out of 100 Equivalent Equivalent fractions, decimals and percentages have the same value. Example words Rise,

More information

Chapter 6 Analyzing Accumulated Change: Integrals in Action

Chapter 6 Analyzing Accumulated Change: Integrals in Action Chapter 6 Analyzing Accumulated Change: Integrals in Action 6. Streams in Business and Biology You will find Excel very helpful when dealing with streams that are accumulated over finite intervals. Finding

More information

3.1 Mathematic of Finance: Simple Interest

3.1 Mathematic of Finance: Simple Interest 3.1 Mathematic of Finance: Simple Interest Introduction Part I This chapter deals with Simple Interest, and teaches students how to calculate simple interest on investments and loans. The Simple Interest

More information

Chapter 1. 1) simple interest: Example : someone interesting 4000$ for 2 years with the interest rate 5.5% how. Ex (homework):

Chapter 1. 1) simple interest: Example : someone interesting 4000$ for 2 years with the interest rate 5.5% how. Ex (homework): Chapter 1 The theory of interest: It is well that 100$ to be received after 1 year is worth less than the same amount today. The way in which money changes it is value in time is a complex issue of fundamental

More information

Algebra 2 Final Exam

Algebra 2 Final Exam Algebra 2 Final Exam Name: Read the directions below. You may lose points if you do not follow these instructions. The exam consists of 30 Multiple Choice questions worth 1 point each and 5 Short Answer

More information

A7510 The Historian s Budget

A7510 The Historian s Budget A7510 The Historian s Budget While most municipalities include annual funding for the Historian s Department, some don t. Adequate funding is necessary to do the State mandated job of historian for your

More information

Foundational Preliminaries: Answers to Within-Chapter-Exercises

Foundational Preliminaries: Answers to Within-Chapter-Exercises C H A P T E R 0 Foundational Preliminaries: Answers to Within-Chapter-Exercises 0A Answers for Section A: Graphical Preliminaries Exercise 0A.1 Consider the set [0,1) which includes the point 0, all the

More information

1/20 2/17 3/14 4/29 5/20 Total/100. Exam II- VERSION I Spring 2011

1/20 2/17 3/14 4/29 5/20 Total/100. Exam II- VERSION I Spring 2011 1/20 2/17 3/14 4/29 5/20 Total/100 Do not write in the spaces above. MATH 150-03 Dr. Morton Exam II- VERSION I Spring 2011 Name: Directions: You have 50 minutes in which to complete this exam. Make sure

More information

Name. Unit 4B: Exponential Functions

Name. Unit 4B: Exponential Functions Name Unit 4B: Exponential Functions Math 1B Spring 2017 Table of Contents STANDARD 6-LINEAR vs EXPONENTIAL FUNCTIONS... 3 PRACTICE/CLOSURE... 4 STANDARD 7-CREATING EXPLICIT EQUATIONS... 10 COMPOUND INTEREST

More information

Chapter 5: Discrete Probability Distributions

Chapter 5: Discrete Probability Distributions Chapter 5: Discrete Probability Distributions Section 5.1: Basics of Probability Distributions As a reminder, a variable or what will be called the random variable from now on, is represented by the letter

More information

ECON 256: Poverty, Growth & Inequality. Jack Rossbach

ECON 256: Poverty, Growth & Inequality. Jack Rossbach ECON 256: Poverty, Growth & Inequality Jack Rossbach What Makes Countries Grow? Common Answers Technological progress Capital accumulation Question: Should countries converge over time? Models of Economic

More information

x f(x) D.N.E

x f(x) D.N.E Limits Consider the function f(x) x2 x. This function is not defined for x, but if we examine the value of f for numbers close to, we can observe something interesting: x 0 0.5 0.9 0.999.00..5 2 f(x).5.9.999

More information

11/15/2017. Domain: Range: y-intercept: Asymptote: End behavior: Increasing: Decreasing:

11/15/2017. Domain: Range: y-intercept: Asymptote: End behavior: Increasing: Decreasing: Sketch the graph of f(x) and find the requested information f x = 3 x Domain: Range: y-intercept: Asymptote: End behavior: Increasing: Decreasing: Sketch the graph of f(x) and find the requested information

More information

EC2105, Professor Laury EXAM 3, FORM A (4/10/02)

EC2105, Professor Laury EXAM 3, FORM A (4/10/02) EC2105, Professor Laury EXAM 3, FORM A (4/10/02) Print Your Name: ID Number: Multiple Choice (32 questions, 2.5 points each; 80 points total). Clearly indicate (by circling) the ONE BEST response to each

More information

Answers. Investigation 3. ACE Assignment Choices. Applications < < < < < 1.9

Answers. Investigation 3. ACE Assignment Choices. Applications < < < < < 1.9 Answers Investigation ACE Assignment Choices Problem. Core,,, Other Applications, 8; unassigned choices from previous problems Problem. Core 9, 8, Other Applications,, 9; Connections, ; Extensions ; unassigned

More information

1. Geometric sequences can be modeled by exponential functions using the common ratio and the initial term.

1. Geometric sequences can be modeled by exponential functions using the common ratio and the initial term. 1 Geometric sequences can be modeled by exponential functions using the common ratio and the initial term Exponential growth and exponential decay functions can be used to model situations where a quantity

More information

Economics 102 Summer 2014 Answers to Homework #5 Due June 21, 2017

Economics 102 Summer 2014 Answers to Homework #5 Due June 21, 2017 Economics 102 Summer 2014 Answers to Homework #5 Due June 21, 2017 Directions: The homework will be collected in a box before the lecture. Please place your name, TA name and section number on top of the

More information

Capital Increase - Booking

Capital Increase - Booking Capital Increase - Booking Description A capital increase consists of the augmentation in stock capital of an anonymous firm by emitting new stocks. There are different sorts of capital increase. This

More information

7.1 Graphs of Normal Probability Distributions

7.1 Graphs of Normal Probability Distributions 7 Normal Distributions In Chapter 6, we looked at the distributions of discrete random variables in particular, the binomial. Now we turn out attention to continuous random variables in particular, the

More information

k x Unit 1 End of Module Assessment Study Guide: Module 1

k x Unit 1 End of Module Assessment Study Guide: Module 1 Unit 1 End of Module Assessment Study Guide: Module 1 vocabulary: Unit Rate: y x. How many y per each x. Proportional relationship: Has a constant unit rate. Constant of proportionality: Unit rate for

More information

Mathematics Success Level H

Mathematics Success Level H Mathematics Success Level H T473 [OBJECTIVE] The student will graph a line given the slope and y-intercept. [MATERIALS] Student pages S160 S169 Transparencies T484, T486, T488, T490, T492, T494, T496 Wall-size

More information

7th Grade Regular Topic II Assessment

7th Grade Regular Topic II Assessment Calculators are not allowed for items 1 4. 1. Thomas is buying a video game. If the sales tax is 7.5%, which of the following shows two equivalent expressions representing the total amount that Thomas

More information

Math League SCASD. Meet #2. Self-study Packet

Math League SCASD. Meet #2. Self-study Packet Math League SCASD Meet #2 Self-study Packet Problem Categories for this Meet: 1. Mystery: Problem solving 2. Geometry: Angle measures in plane figures including supplements and complements 3. Number Theory:

More information

GRADE 9 FINANCIAL MATHS

GRADE 9 FINANCIAL MATHS GRADE 9 FINANCIAL MATHS INVESTMENTS AND INTEREST When you borrow money you have to pay interest. This means that you have to pay back more than you have borrowed. One way of making money is through investments.

More information

Please show work for all calculated answers. Show work in a neat and organized manner.

Please show work for all calculated answers. Show work in a neat and organized manner. Math 083 Review for Final Exam Name Please show work for all calculated answers. Show work in a neat and organized manner. 1) Using the frequency table for a monthly budget, find all of the relative frequencies

More information

Algebra Success. LESSON 14: Discovering y = mx + b

Algebra Success. LESSON 14: Discovering y = mx + b T282 Algebra Success [OBJECTIVE] The student will determine the slope and y-intercept of a line by examining the equation for the line written in slope-intercept form. [MATERIALS] Student pages S7 S Transparencies

More information

Adjusting Nominal Values to Real Values *

Adjusting Nominal Values to Real Values * OpenStax-CNX module: m48709 1 Adjusting Nominal Values to Real Values * OpenStax This work is produced by OpenStax-CNX and licensed under the Creative Commons Attribution License 4.0 By the end of this

More information