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Functions, Limits, and Continuity. Section 1.3. Functions, Limits, and Continuity. Limit Fundamental concept of calculus Separates calculus from algebra Two types Toward infinity Toward a point. Functions, Limits, and Continuity. Limit toward infinity
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Functions, Limits, and Continuity Section 1.3
Functions, Limits, and Continuity • Limit • Fundamental concept of calculus • Separates calculus from algebra • Two types • Toward infinity • Toward a point
Functions, Limits, and Continuity • Limit toward infinity • As the value of the input variable grows large (or small) without bound, what happens to the value of the output variable • “End behavior of the function”
Functions, Limits, and Continuity Y= Y1 = 6X+2 GRAPH
Functions, Limits, and Continuity “Limit as z goes to infinity of g(z) is infinity” “Limit as z goes to negative infinity of g(z) is negative infinity”
Functions, Limits, and Continuity Y= Y1 = 9/(1+e^(-x)) GRAPH
Functions, Limits, and Continuity • Numerically evaluating limits toward infinity • Calculate value of output variable for progressively larger (smaller) values of the input variable TBLSET Indpnt: Ask Depend: Auto TABLE
Functions, Limits, and Continuity 8.9996 8.9777 8.5732 6.5795 “Limit as x goes to infinity of r(x) is 9” 1 3 5 10
Functions, Limits, and Continuity 8.9996 8.9777 8.5732 6.5795 1 3 5 10
Functions, Limits, and Continuity • Toward a point • As the input variable gets arbitrarily close to a certain value, what happens to the value of the output variable? • Limit must be the same from both sides
Functions, Limits, and Continuity “Limit as z goes to 4 from the right of g(z) is 26” 26 4 “Limit as z goes to 4 from the left of g(z) is 26”
Functions, Limits, and Continuity • Continuity • A function is continuous if it is defined at every input with no breaks or sudden jumps in the output value • “Function can be drawn without lifting your pen”
Functions, Limits, and Continuity 1993 Does the limit exist at 1993? Is the function continuous? Is the function continuous from 1993 on?
Functions, Limits, and Continuity • Application: Continuously compounded interest P = principal r = interest rate of a particular term t = number of terms principal is invested A = accumulated value
Functions, Limits, and Continuity • Application: Continuously compounded interest P = principal r = annual interest rate t = number of years principal is invested A = accumulated value
Functions, Limits, and Continuity • Term compounding • Compounding matches the term of the rate • e.g., annual interest rate with annual compounding
Functions, Limits, and Continuity • General compounding • Compounding happens n times per term
Functions, Limits, and Continuity • Example: Semi-annual compounding • Happens 2 times per year
Functions, Limits, and Continuity • Continuous compounding • Infinite number of periods per term
Functions, Limits, and Continuity t = 15 years P = $1,000 r = 8% per year Annual Monthly Continuous
Functions, Limits, and Continuity • In-Class