Exponential and Logarithmic Functions 4 Copyright © Cengage Learning. All rights reserved.

4.5 Exponential and Logarithmic Equations

3 Objectives ■ Exponential Equations ■ Logarithmic Equations ■ Compound Interest

4 Exponential Equations

5 An exponential equation is one in which the variable occurs in the exponent. Some exponential equations can be solved by using the fact that exponential functions are one-to-one. This means that a x = a y x = y

6 Exponential Equations The following guidelines describe the process for solving exponential equations.

7 Example 2 – Solving an Exponential Equation Consider the exponential equation 3 x + 2 = 7. (a) Find the exact solution of the equation expressed in terms of logarithms. (b) Use a calculator to find an approximation to the solution rounded to six decimal places. Solution: (a) We take the common logarithm of each side and use Law 3. 3 x + 2 = 7 log(3 x + 2 ) = log 7 Given Equation Take log of each side

8 Example 2 – Solution (x + 2)log 3 = log 7 x + 2 = The exact solution is (b) Using a calculator, we find the decimal approximation x  – Subtract 2 Divide by log 3 Law 3 (bring down exponent) cont’d

9 Example 2 – Solution Check Your Answer Substituting x = – into the original equation and using a calculator, we get 3 (– ) + 2  7 cont’d

10 Example 5 – An Exponential Equation of Quadratic Type Solve the equation e 2x – e x – 6 = 0. Solution: To isolate the exponential term, we factor. e 2x – e x – 6 = 0 (e x ) 2 – e x – 6 = 0 Given Equation Law of Exponents

11 Example 5 – Solution (e x – 3)(e x + 2) = 0 e x – 3 = 0 or e x + 2 = 0 e x = 3 e x = –2 The equation e x = 3 leads to x = ln 3. But the equation e x = –2 has no solution because e x > 0 for all x. Thus x = ln 3  is the only solution. Zero-Product Property Factor (a quadratic in e x ) cont’d

12 Logarithmic Equations

13 Logarithmic Equations A logarithmic equation is one in which a logarithm of the variable occurs. Some logarithmic equations can be solved by using the fact that logarithmic functions are one-to-one. This means that log a x = log a y x = y

14 Logarithmic Equations The following guidelines describe the process for solving logarithmic equations.

15 Example 8 – Solving Logarithmic Equations Solve each equation for x. (a) ln x = 8 (b) log 2 (25 – x) = 3 Solution: (a) ln x = 8 x = e 8 Therefore, x = e 8  Given equation Exponential form

16 Example 8 – Solution We can also solve this problem another way. ln x = 8 e ln x = e 8 x = e 8 Property of ln Raise e to each side Given equation cont’d

17 Example 8 – Solution (b) The first step is to rewrite the equation in exponential form. log 2 (25 – x) = 3 25 – x = – x = 8 x = 25 – 8 = 17 Given equation Exponential form (or raise 2 to each side) cont’d

18 Example 8 – Solution Check Your Answer If x = 17, we get log 2 (25 – 17) = log 2 8 = 3 cont’d

19 Logarithmic Equations Logarithmic equations are used in determining the amount of light that reaches various depths in a lake. (This information helps biologists to determine the types of life a lake can support.) As light passes through water (or other transparent materials such as glass or plastic), some of the light is absorbed. It’s easy to see that the murkier the water, the more light is absorbed. The exact relationship between light absorption and the distance light travels in a material is described in the next example.

20 Example 12 – Transparency of a Lake If I 0 and I denote the intensity of light before and after going through a material and x is the distance (in feet) the light travels in the material, then according to the Beer-Lambert Law, where k is a constant depending on the type of material.

21 Example 12 – Transparency of a Lake (a) Solve the equation for I. (b) For a certain lake k = 0.025, and the light intensity is I 0 = 14 lumens (lm). Find the light intensity at a depth of 20 ft. cont’d

22 Example 12(a) – Solution We first isolate the logarithmic term. I = I 0 e –kx Given equation Multiply by –k Exponential form Multiply by I 0

23 Example 12(b) – Solution We find I using the formula from part (a). I = I 0 e –kx = 14e (–0.025)(20)  8.49 The light intensity at a depth of 20 ft is about 8.5 lm. From part (a) I 0 = 14, k = 0.025, x = 20 Calculator cont’d

24 Compound Interest

25 Compound Interest If a principal P is invested at an interest rate r for a period of t years, then the amount A of the investment is given by A = P(1 + r) A(t) = Pe rt We can use logarithms to determine the time it takes for the principal to increase to a given amount. Simple interest (for one year) Interest compounded n times per year Interest compounded continuously

26 Example 13 – Finding the Term for an Investment to Double A sum of $5000 is invested at an interest rate of 5% per year. Find the time required for the money to double if the interest is compounded according to the following methods. (a) Semiannually (b) Continuously

27 Example 13(a) – Solution We use the formula for compound interest with P = $5000, A(t) = $10,000, r = 0.05, and n = 2, and solve the resulting exponential equation for t. (1.025) 2t = 2 log t = log 2 2t log = log 2 Divide by 5000 Take log of each side Law 3 (bring down the exponent)

28 Example 13(a) – Solution t  The money will double in years. Calculator Divide by 2 log cont’d

29 Example 13(b) – Solution We use the formula for continuously compounded interest with P = $5000, A(t) = $10,000, and r = 0.05 and solve the resulting exponential equation for t. 5000e 0.05t = 10,000 e 0.05t = 2 ln e 0.05t = ln t = ln 2 Pe rt = A Divide by 5000 Take ln of each side Property of ln cont’d

30 Example 13(b) – Solution t  The money will double in years. Calculator Divide by 0.05 cont’d