Area and the Fundamental Theorem of Calculus
Area and Definite Integrals
Let be a nonnegative and continuous function on the closed interval .
The area of the region bounded by the graph of , the -axis, and the lines and is given by the definite integral:
In the expression , is the lower limit of integration and is the upper limit of integration.
Definite integrals can be evaluated using geometric formulas for standard shapes (e.g., triangles, where ).
The Fundamental Theorem of Calculus
If is continuous on a closed interval , then:
represents any antiderivative of .
The constant of integration is omitted in definite integrals because it cancels out during the subtraction .
Note: Definite integrals do not always represent area; they can result in values that are negative, zero, or positive.
Properties of Definite Integrals
Scalar Multiple Rule: , where is a constant.
Sum/Difference Rule:
Interval Addition Property: , for a < c < b. This is useful for functions involving absolute values.
Zero Length Interval:
Reversing Limits:
Marginal Analysis
Definite integrals are used to find the exact change in cost, revenue, or profit over a specific interval of production.
Change in Profit: If is the marginal profit, the change in profit from sales increasing from to units is calculated as:
Average Value of a Function
If is continuous on , the average value of on that interval is defined as:
This can be used to model trends over time, such as world population averages from to .
Integration of Even and Odd Functions
Even Functions: Defined by (symmetric with respect to the -axis).
Odd Functions: Defined by (symmetric with respect to the origin).
Amount of an Annuity
An annuity is a sequence of equal payments made at regular intervals.
The amount of an annuity is the sum of payments plus continuous interest earned over a term .
Formula for the amount of an annuity:
: Continuous income function (dollars per year).
: Annual interest rate compounded continuously (decimal form).
: Term of the annuity in years.