SubsubsectionA.7.1.1Compute percent increase and decrease
To calculate an increase of %, we write the percent as a decimal and multiply the old amount by . To calculate a decrease we multiply the old amount by .
Priceco is offering a 15% discount off the regular price of $180 for a ceiling fan. What should you multiply by to find the new price? What is the new price.
A brand new SUV loses 18% of its value as soon as you drive it off the lot. If your SUV cost $35,000, what should you multiply to find its new value? What is its new value?
To solve the equation, we want to find -values that produce a function value of 8. The vertical coordinate of each point on the graph is given by the function value, . So we look for points on the graph with vertical coordinate .
There are two such points, and . Those points tell us that and . Thus, the -coordinates of the points, namely and , are the solutions. To check algebraically, we can verify that and :
We find any points on the graph with vertical coordinate . There are two points, and .) The -coordinates of those points, namely 1 and 5, are the solutions.
The distributive law applies to multiplying a sum or difference, not a product. In the first equation, is a product, so the distributive law does not apply. (We can, however, simplfy that expression with the associative law:
The second equation is a correct application of the distributive law. You can check that the first equation is false and the second equation is true by substituting .
The distributive law applies only to multiplying a sum or product, not to other operations, such as taking logs. You can check that the first equation is false by substituting .
The second equation is a correct application of the distributive law.
The number of students at Salt Creek Elementary School is growing according to the formula , where is the number of years since the school opened in 2005.
The number of internet users in the United States is given by , where in 2000. Use function notation to say that the number of internet users in 2005 was 146,679,000.
The percent of U.S. households that maintain a landline telephone is decreasing according to the formula , where in 2004. What does the equation tell us about landlines?
SubsubsectionA.7.5.3Analyze graphs of exponential functions
From a graph, we can read the initial value of an exponential function and then its doubling time or half-life. From there we can calculate the growth or decay law.