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8.3 The natural base e. Definition of e. e 2.718281828459. The Graph of the Natural Base Function y = ae x-h + k. Graph Natural base function.tii. The Graph of the Natural Base Function y = ae x-h + k. Exponential function Natural base function.
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Definition of e e 2.718281828459
The Graph of the Natural Base Function y = aex-h + k Graph Natural base function.tii
The Graph of the Natural Base Function y = aex-h + k Exponential function Natural base function • This function is an exponential • function. * a changes the distance from the asymptote to the y-intercept. h shifts the graph horizontally. k shifts the graph vertically. • The a, h, k function the same.
The Graph of the Natural Base Function y = aex-h + k Exponential function Natural base function • Exponential growth, • b > 1 ( With a positive x.) * Exponential growth, e is greater than one with a positive x. * Exponential decay b is greater than 0 but less than one. (With a positive x.) * e is fixed so multiplying x by a negative number produces a decay.
Compound Interest Problem Recall for the compound interest formula for interest compounded n times a year. For continuous compounded (compounded all the time) we use the following formula. A = balance P = principle r = %/100 t = years
Interest Problem You deposit $975 in an account that pays 5.5% annual interest compounded continuously. What is the balance after 6 years?