Lesson 12.2 Writing Exponential Functions E.Q. How do | write an exponential function? Background: A function in the following form models exponential growth or decay. y = abt (where a>0,b>0,andb#1 y is the amount and t is the time since some starting point. ¢ The constant a is the initial amount, that is, the value of y at t = 0. © The constant b tells whether the function models exponential growth or decay. If b > 1, the function models growth. If b <1, then the function models decay. Exponential growth Exponential decay b', where a>0 and b> 1 =ab', where a>Oand0 1, then b equals 1 +r, where ris the rate of growth. That is, ris the percent increase (expressed as a decimal) for each increase of one unit of t. Ifb <1, then be equals 1~r, where ris the rate of decay. That is, ris the percent decrease (expressed as a decimal) for each increase of one unit of t.Let’s work this one together: 1. Acan of soda is placed in a cooler. As the soda cools, its temperature C(t) in degrees Celsius after t minutes is Biven by the following exponential function. C(t) = 27(0.95)' Find the initial temperature. 4 7 Does the function represent growth or decay? Poca g L By what percent does the temperature change each minute? o [=.952 0500 = 5 Now try this: 2. Suppose that the dollar value v(t) of a certain car that is t years old is given by the following exponential function. Vit) = 29,000(1.23)' Find the initial value of the car._ 29,000 Does the function represent growth or decay? Crowh 7 123-1 = 28x 100 = 23 70 Now see if we can write an exponential function from a table of values. 3. The table of ordered pairs gives and exponential function. Write an equation for the function. 4 a i x : E x ol, We 304 oi 3 Ai | 22 2 | 48Nn {pe fo | ~ | [e | : =a-b 7 x eat yous (3) y= 1600 (.2)“