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    Section 9-1 The Constant e and Continuous Compound Interest

    Uploaded by

    Arun Ghatan

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Section 9-1 The Constant e and Continuous Compound Interest

    Uploaded by

    Arun Ghatan
    45 views15 pages

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    Download as pdf or txt
    45 views15 pages

    Section 9-1 The Constant e and Continuous Compound Interest

    Uploaded by

    Arun Ghatan

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 15

    College Mathematics: Learning Worksheets Chapter 9

    Name ________________________________ Date ______________ Class ____________

    Section 9-1 The Constant e and Continuous


    Compound Interest
    Goal: To work with the constant e and solve continuous compound problems

    Definition: The number e

    n
    æ 1ö 1
    e = lim ç1 + ÷ or e = lim (1 + s ) s
    n® ¥ è nø s® 0

    Theorem 1: Continuous Compound Interest Formula

    If a principal P is invested at an annual rate r (expressed as a decimal) compounded


    continuously, then the amount A in the account at the end of t years is given by:

    A = Pert .

    1. Use a calculator to evaluate A to the nearest cent.

    A  700e0.05t for t = 3, 6, 9

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    2. Solve for t to two decimal places.

    4 = e0.07t

    3. Solve for r to two decimal places.

    7  e3r

    4. Bank A offers a 3-year CD that earns 2.05% compounded continuously.

    a) If $5,000 is invested in this CD, how much will it be worth in 5 years?

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    b) How long will it take for the account to be worth $10,000?

    5. A bond will be worth $25,000 at maturity 10 years from now. How much should you
    be willing to pay for the bond now if money is worth 2.6% compounded
    continuously?

    6. A woman invests $18,000 in an account that pays 2.9% compounded continuously. If


    the woman needs $21,000, how long will it take to accumulate that much money?

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    Name ________________________________ Date ______________ Class ____________

    Section 9-2 Derivatives of Exponential and


    Logarithmic Functions
    Goal: To find the first derivative of functions that are exponential or logarithmic in nature.

    Definition: Derivatives of Exponential and Logarithmic Functions

    For b > 0, b ¹ 1,

    d x d x
    e = ex b = b x ln b
    dx dx

    d 1 d 1 æ1 ö
    ln x = logb x = ç ÷
    dx x dx ln b è x ø

    In Problems 1–5, Find the first derivative for the given function.

    1. f ( x)  7e x  4 x5  3x  21

    2. f ( x)  5e x  7 ln x  13x  4

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    3. f ( x) = 4 x3 + 2 x 2 - 5 x + ln x5 + e x

    4. y = 10 x - e3 - 5 x

    5. y = log7 x + 3x5 - 4 x

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    6. Given the function f ( x)  12e x  5, find the equation of the line tangent to the graph
    of the function at x = 0.

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    7. Given the function f ( x) = ln x5 + 2, find the equation of the line tangent to the graph
    of the function at x = e.

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    Name ________________________________ Date ______________ Class ____________

    Section 9-3 Derivatives of Products and Quotients


    Goal: To find the first derivative of functions that are written as products or quotients.

    Theorem 1: Product Rule

    If y = f ( x) = F ( x) S ( x) and if F ¢( x) and S ¢( x ) exist, then

    f ¢( x) = F ( x) S ¢( x) + S ( x) F ¢( x).

    Theorem 2: Quotient Rule

    T ( x)
    If y = f ( x) = and if T ¢( x ) and B ¢( x) exist and B( x) ¹ 0 , then
    B( x)

    B( x)T ¢( x) - T ( x) B ¢( x)
    f ¢( x) = .
    [ B( x)]2

    In Problems 1–10, find the first derivative and simplify.

    1. f ( x)  7 x6 (3x3  14 x  10)

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    2. f ( x) = (4 x 2 + 7)(2 x 2 - 9)

    17 x
    3. f ( x) 
    5 x 2  13

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    2x - 5
    4. f ( x) =
    3x 2 + 5

    5.  
    f ( x)  7e x  7 ln x 

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    6. y = (2 x3 - 5 x 2 )( x 2 - 2 x)

    x 2 - 3x + 4
    7. y=
    4 x2 - 3

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    8. f ( x)  7 x log5 x

    84 x
    9. f ( x) = 2
    x +4

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    (2 x3 - 5)(3x 2 + 1)
    10. f ( x) =
    x2 + 7

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