Home » ALGEBRA, Special Functions, Systems of Equations, and Solving systems of equations, algebra homework help

ALGEBRA, Special Functions, Systems of Equations, and Solving systems of equations, algebra homework help

Please complete the following questions. It is important that you show all work you did to solve the problems when you submit your work. This includes any calculations, diagrams, or graphs that helped you solve it.Page 556 attached.

  • REASONING Use the properties of exponents to prove the Power Property of Logarithms.
  • OPEN ENDED Give an example of a quantity that grows or decays at a fixed rate. Write a real-world problem involving the rate and solve by using logarithms.
  • Writing in Math Use the information about banking on page 556 to explain how the natural base e is used in banking. Include an explanation of how to calculate the value of an account whose interest is compounded continuously, and an explanation of how to use natural logarithms to find the time at which the account will have a specified value in your answer.
  • 9-5Base e and
    Natural Logarithms
    Main Ideas
    Continuously Compounded Interest
    А
    • Evaluate expressions
    involving the natural
    base and natural
    logarithms.
    • Solve exponential
    equations and
    inequalities using
    natural logarithms.
    2
    A=P(1+4)”
    n
    2.4414…
    -GET READY for the Lesson
    Suppose a bank compounds
    interest on accounts continuously,
    that is, with no waiting time
    between interest payments.
    To develop an equation to
    determine continuously
    compounded interest, examine
    what happens to the value A of
    an account for increasingly larger
    numbers of compounding
    periods n. Use a principal P of $1,
    an interest rate r of 100% or 1,
    and time t of 1 year.
    2.6130…
    1201)
    2.7145…
    (yearly) 1(1+””
    (quarterly) 1(1+2) “”
    (monthly) 1(1+)
    305)
    2.7181…
    New Vocabulary
    875001)
    365
    (daily)
    8760
    (hourly 1(1+0)
    natural base, e
    natural base exponential
    function
    natural logarithm
    natural logarithmic
    function
    Base e and Natural Logarithms In the table above, as n increases, the
    expression 1(1 + 2)””
    ) or (1 + )” approaches the irrational number
    2.71828…. This number is referred to as the natural base, e.
    +
    y
    An exponential function with base e is called a
    natural base exponential function. The graph of
    y = e’ is shown at the right. Natural base
    exponential functions are used extensively in
    science to model quantities that grow and decay
    continuously.
    ve
    e’ = e
    (1. e)
    e = 1
    0.1)
    o
    x
    Most calculators have an er function for
    evaluating natural base expressions.
    fitus

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