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Section 5.1 Introduction to Exponentials (EL1)

Subsection 5.1.1 Activities

Remark 5.1.1.

Linear functions have a constant rate of change - that is a constant change in output for every change in input. Let’s consider functions which do not fit this model - those which grow more rapidly and change by a varying amount for every change in input.

Activity 5.1.2.

You have two job offers on the horizon. One has offered to pay you $10,000 per month while the other is offering $0.01 the first month, $0.02 the second month, $0.04 the third month and doubles every month. Which job would you rather take?
(a)
Make a table representing how much money you will be paid each month for the first two years from the first job - paying $10,000 per month.
Answer.
month Job 1
1 10,000
2 10,000
3 10,000
4 10,000
5 10,000
6 10,000
7 10,000
8 10,000
9 10,000
10 10,000
11 10,000
12 10,000
13 10,000
14 10,000
15 10,000
16 10,000
17 10,000
18 10,000
19 10,000
20 10,000
21 10,000
22 10,000
23 10,000
24 10,000
(b)
Make a table representing how much money you will be paid each month for the first two years from the second job - paying $0.01 the first month and doubling every month after.
Answer.
month Job 2
1 0.01
2 0.02
3 0.04
4 0.08
5 0.16
6 0.32
7 0.64
8 1.28
9 2.56
10 5.12
11 10.24
12 20.48
13 40.96
14 81.92
15 163.84
16 327.68
17 655.36
18 1,310.72
19 2,621.24
20 5,242.88
21 10,485.76
22 20,971.52
23 41,943.04
24 83,886.08
(c)
Which job is earning more money per month after one year?
Answer.
Job 1 is earning $10,000 per month. Job 2 is earning $20.48 per month.
(d)
Which job is earning more money per month after 18 months?
Answer.
Job 1 is earning $10,000 per month. Job 2 is earning $1,310.72 per month.
(e)
According to your tables, does the second job ever earn more money per month than the first job?
Answer.
Yes! After 21 months, Job 1 is earning $10,000 per month. Job 2 is earning $10,485.76 per month.

Remark 5.1.3.

This idea of a function that grows very rapidly by a factor, ratio, or percent each time, like the second job in Activity 5.1.2, is considered exponential growth.

Definition 5.1.4.

Let a be a non-zero real number and b≠1 a positive real number. An exponential function takes the form
f(x)=abx
a is the initial value and b is the base.

Remark 5.1.6.

Notice that in Activity 5.1.5 part (a) the ouput value is larger than the base, while in part (b) the output value is smaller than the base. This is similar to the difference between a positive and negative slope for linear functions.

Activity 5.1.7.

Consider two exponential functions f(x)=100(2)x and g(x)=100(12)x.
(a)
Fill in the table of values for f(x).
x f(x)
0
1
2
3
4
Answer.
x f(x)
0 100
1 200
2 400
3 800
4 1600
(b)
Fill in the table of values for g(x).
x g(x)
0
1
2
3
4
Answer.
x f(x)
0 100
1 50
2 25
3 12.5
4 6.25
(c)
How do the values in the tables compare?
Answer.
The values of f(x) are getting larger while those of g(x) are getting smaller.

Remark 5.1.9.

An exponential function of the form f(x)=abx will grow (or increase) if b>1 and decay (or decrease) if 0<b<1.

Activity 5.1.10.

For each year t, the population of a certain type of tree in a forest is represented by the function F(t)=856(0.93)t.
(a)
How many of that certain type of tree are in the forest initially?
Answer.
856 trees
(b)
Is the number of trees of that type growing or decaying?
Answer.
Decaying b=0.93<1

Activity 5.1.11.

To begin creating equations for exponential functions using a and b, let’s compare a linear function and an exponential function. The tables show outputs for two different functions r and s that correspond to equally spaced input.
x r(x)
0 12
3 10
6 8
9 6
x s(x)
0 12
3 9
6 6.75
9 5.0625
(a)
Which function is linear?
Answer.
r(x) since the outputs decrease by 2 every time.
(d)
What is the initial value of the exponential function?
Answer.
12
(e)
What is the ratio of consecutive outputs in the exponential function?
  1. 43
  2. 34
  3. βˆ’43
  4. βˆ’34
Answer.
B

Remark 5.1.12.

In a linear function the differences are constant, while in an exponential function the ratios are constant.

Remark 5.1.14.

Recall the negative rule of exponents which states that for any nonzero real number a and natural number n
aβˆ’n=1an

Activity 5.1.15.

Let’s consider the two exponential functions f(x)=2βˆ’x and g(x)=(12)x.
(a)
Fill in the table of values for f(x).
x f(x)
βˆ’2
βˆ’1
0
1
2
Answer.
x f(x)
βˆ’2 4
βˆ’1 2
0 1
1 12
2 14
(b)
Fill in the table of values for g(x).
x g(x)
βˆ’2
βˆ’1
0
1
2
Answer.
x g(x)
βˆ’2 4
βˆ’1 2
0 1
1 12
2 14
(c)
What do you notice about the two functions?
Answer.
Their values are the same.

Remark 5.1.16.

Similar to how Ο€ arises naturally in geometry, there is an irrational number called e that arises naturally when working with exponentials. We usually use the approximation eβ‰ˆ2.718282. e is also found on most scientific and graphing calculators.

Activity 5.1.17.

Use a calculator to evaluate the following exponentials involving the base e.
(a)
f(x)=βˆ’2exβˆ’2 for f(βˆ’2)
  1. βˆ’0.0366
  2. βˆ’2.2707
  3. βˆ’1.7293
  4. βˆ’16.778
Answer.
B

Exercises 5.1.2 Exercises