Section 4.2
Property 10 (Law of Exponent)
Given the previous equation we can see the following:
This implies that
We have seen that
This and previous equations imply
Example 69
Show
“Proof:”
Something to remember when it comes to the base of the exponent.
Property 11
Let
When it comes to the exponential equation we have the following.
Property 12
The equation
We are familiar with linear growth.
The first term is
Next, we consider exponential growth.
The first term is
Definition 47
If
The domain of
is the set of all real numbers. (Consider what value would case . Answer: there isn’t a real number that would cause this.)The range of
is the interval .The function
is a continuous function over its domain.If
, then is increasing on its domain.If
, then is decreasing on its domain.The function
has a horizontal asymptote .The graph passes through the points:
, , and .
The graph of the exponential function changes based on the value of
The graph of
The graph of
Example 70
Solve
Solution:
We want to use the fact that
Which implies
Therefore, the solution is
It is important to notice that the past equation is only possible to solve since
Remember
Let
Definition 48 (Compount Interest)
If
An important base for the exponential equation is the number
If the investment is compounded continuously we have the following formula: