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Intermediate Algebra – Student Workbook – Second Edition 2013

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Lesson 3a <strong>–</strong> Introduction to Exponential Functions<br />

Mini-Lesson<br />

e) Let’s see if we can understand WHY option B grows so much faster. Let’s focus just on<br />

options A and B. Take a look at the data tables given for each function. Just the later parts of the<br />

initial table are provided.<br />

t =<br />

time in # of<br />

days<br />

A(t) = 1000t + 1000<br />

A(t)=<br />

$ in account after t days<br />

20 21,000<br />

21 22,000<br />

22 23,000<br />

23 24,000<br />

24 25,000<br />

25 26,000<br />

26 27,000<br />

27 28,000<br />

28 29,000<br />

29 30,000<br />

30 31,000<br />

31 32,000<br />

t =<br />

time in # of<br />

days<br />

B(t) = .01(2) t<br />

B(t) =<br />

$ in account after t<br />

days<br />

20 10,485.76<br />

21 20,971.52<br />

22 41,943.04<br />

23 83,886.08<br />

24 167,772.16<br />

25 335,544.32<br />

26 671,088.64<br />

27 1,342,177.28<br />

28 2,684,354.56<br />

29 5,368,709.12<br />

30 10,737,418.24<br />

31 21,474,836.48<br />

As t increases from day 20 to 21, describe how the outputs change for each function:<br />

A(t):<br />

B(t):<br />

As t increases from day 23 to 24, describe how the outputs change for each function:<br />

A(t):<br />

B(t):<br />

So, in general, we can say as the inputs increase from one day to the next, then the outputs for<br />

each function:<br />

A(t):<br />

B(t):<br />

In other words, A(t) grows ______________ and B(t) grows ______________. We have just<br />

identified the primary difference between LINEAR FUNCTIONS and EXPONENTIAL<br />

FUNCTIONS.<br />

Exponential Functions vs. Linear Functions<br />

The outputs for Linear Functions change by ADDITION and the outputs for<br />

Exponential Functions change by MULTIPLICATION.<br />

Scottsdale Community College Page 101 <strong>Intermediate</strong> <strong>Algebra</strong>

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