Mathematics | Course : Model Mathematics II (Integrated Pathway)
Domain - Interpreting Functions
Cluster - Analyze functions using different representations.
[MII.F-IF.C.8.b] - Use the properties of exponents to interpret expressions for exponential functions. Apply to financial situations such as Identifying appreciation/depreciation rate for the value of a house or car some time after its initial purchase: Vn=P(1+r)n. For example, identify percent rate of change in functions such as y = (1.02)t, y = (0.97)t, y = (1.01)12t, and y = (1.2) t /10, and classify them as representing exponential growth or decay.
- Exponent
The number that indicates how many times the base is used as a factor, e.g., in 43 = 4 x 4 x 4 = 64, the exponent is 3, indicating that 4 is repeated as a factor three times. - Exponential function
A function of the form y = a •bx where a > 0 and either 0 < b < 1 or b > 1. The variables do not have to be x and y. For example, A = 3.2 • (1.02)t is an exponential function. - Expression
A mathematical phrase that combines operations, numbers, and/or variables (e.g., 32 ÷ a). - Percent rate of change
A rate of change expressed as a percent. Example: if a population grows from 50 to 55 in a year, it grows by 5/50 = 10% per year.
[MI.F-IF.C.9] -
Translate among different representations of functions: (algebraically, graphically, numerically in tables, or by verbal descriptions). Compare properties of two functions each represented in a different way. For example, given a graph of one exponential function and an algebraic expression for another, say which has the larger y-intercept.
[MI.F-LE.A.1.a] -
Prove that linear functions grow by equal differences over equal intervals, and that exponential functions grow by equal factors over equal intervals.*
[MII.N-RN.A.2] -
Rewrite expressions involving radicals and rational exponents using the properties of exponents.
[MII.A-SSE.B.3.c] -
Use the properties of exponents to transform expressions for exponential functions. For example, the expression 1.15t can be rewritten as (1.15 1/12)12t ≈ 1.01212t to reveal the approximate equivalent monthly interest rate if the annual rate is 15%.