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Transcendental Functions. Exponential and Logarithmic Functions. y = a x. Growth Rate. y = 2 x. y = 4 x. “Parent”. y = (1/2) x. y =2 -x. Translations. Natural Exponential Function. y = e x. Growth Rate. Continuous Compounding Interest Formula.
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Transcendental Functions Exponential and Logarithmic Functions
y = ax Growth Rate
y = 2x y = 4x “Parent” y = (1/2)x y =2-x
Natural Exponential Function y = ex Growth Rate
Continuous Compounding Interest Formula Use this formula whenever the growth in “compounding continuously”.
Johnny invested $5000 in an account earning 5.2% interest compounded quarterly. If left untouched, how much will be in the account in 10 years?
Compound Interest Formula Time in years Final amount Beginning amount Interest Rate # of Times a year compounded