Use the compound interest formulas A = P (1+ r/n)nt and A =Pert to solve exercises 53-56. Round answers to the nearest cent. Find the accumulated value of an investment of \$10,000 for 5 years at an interest rate of 1.32% if the money is a. compounded semiannually
Table of contents
- 0. Review of Algebra4h 18m
- 1. Equations & Inequalities3h 18m
- 2. Graphs of Equations1h 43m
- 3. Functions2h 17m
- 4. Polynomial Functions1h 44m
- 5. Rational Functions1h 23m
- 6. Exponential & Logarithmic Functions2h 28m
- 7. Systems of Equations & Matrices4h 5m
- 8. Conic Sections2h 23m
- 9. Sequences, Series, & Induction1h 22m
- 10. Combinatorics & Probability1h 45m
6. Exponential & Logarithmic Functions
Introduction to Exponential Functions
Problem 61
Textbook Question
Graph each function. Give the domain and range. ƒ(x) = (1/3)x+2 - 1
Verified step by step guidance1
Identify the base function and transformations. The base function here is an exponential function of the form \(f(x) = a^{x}\), specifically \(f(x) = \left(\frac{1}{3}\right)^x\). The given function is \(f(x) = -\left(\frac{1}{3}\right)^{x+2} - 1\), which involves transformations of the base function.
Analyze the horizontal shift. The expression \(x + 2\) inside the exponent indicates a horizontal shift to the left by 2 units. This means the graph of \(\left(\frac{1}{3}\right)^x\) is shifted left 2 units.
Consider the reflection and vertical shift. The negative sign in front of the exponential, \(-\left(\frac{1}{3}\right)^{x+2}\), reflects the graph across the x-axis. Then, subtracting 1, as in \(-\left(\frac{1}{3}\right)^{x+2} - 1\), shifts the graph down by 1 unit.
Determine the domain. Since exponential functions are defined for all real numbers, the domain of \(f(x)\) is all real numbers, expressed as \((-\infty, \infty)\).
Find the range by considering the transformations. The base function \(\left(\frac{1}{3}\right)^x\) has a range of \((0, \infty)\). After reflection and vertical shift, the range becomes \((-\infty, -1)\) because the graph is reflected over the x-axis and shifted down by 1.
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Key Concepts
Here are the essential concepts you must grasp in order to answer the question correctly.
Exponential Functions
An exponential function has the form f(x) = a^x, where the variable is in the exponent. Understanding how the base affects growth or decay is essential. In this problem, the function involves (1/3) raised to a power, indicating exponential decay since the base is between 0 and 1.
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Transformations of Functions
Transformations include shifts, reflections, and stretches/compressions of the graph. Here, the function has a negative sign in front, indicating a reflection over the x-axis, and the exponent includes a horizontal shift by -2. Recognizing these helps in accurately graphing the function.
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Domain and Range of Exponential Functions
The domain of exponential functions is all real numbers since any real number can be an exponent. The range depends on transformations; for example, reflections and vertical shifts change the range. Identifying these helps determine the set of possible output values for the function.
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