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4.1/4.2 – Exponential and Logarithmic Functions
Math 140 4.1/4.2 – Exponential and Logarithmic Functions
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Some things just don’t grow linearly, they grow exponentially (ex: population, compound interest).
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Some things just don’t grow linearly, they grow exponentially (ex: population, compound interest).
U.S. Population Source:
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To model such behavior, we use the exponential function, 𝑓 𝑥 = 𝑏 𝑥 .
𝑏 is the base (𝑏>0, 𝑏≠1). 𝒃>𝟏 ex: 𝑓 𝑥 = 2 𝑥 𝟎<𝒃<𝟏 ex: 𝑓 𝑥 = 𝑥
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Natural Exponential Base: 𝑒= lim 𝑛→∞ 1+ 1 𝑛 𝑛 ≈2
Natural Exponential Base: 𝑒= lim 𝑛→∞ 1+ 1 𝑛 𝑛 ≈ … (Amount of money you’d have in an account if you invested $1 at 100% interest rate per year for one year, where interest is compounded continuously.)
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In general, the continuously compounded interest formula is 𝐴=𝑃 𝑒 𝑟𝑡 , and the regular compound interest formula is 𝐴=𝑃 1+ 𝑟 𝑛 𝑛𝑡 .
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Properties of exponents: 𝑏 𝑚/𝑛 = 𝑛 𝑏 𝑚 = 𝑛 𝑏 𝑚 𝑏 −𝑛 = 1 𝑏 𝑛 𝑏 0 =1 𝑏 𝑥 = 𝑏 𝑦 if and only if 𝑥=𝑦 𝑏 𝑥 𝑏 𝑦 = 𝑏 𝑥+𝑦 𝑏 𝑥 𝑏 𝑦 = 𝑏 𝑥−𝑦 𝑏 𝑥 𝑦 = 𝑏 𝑥𝑦 𝑎𝑏 𝑥 = 𝑎 𝑥 𝑏 𝑥 𝑎 𝑏 𝑥 = 𝑎 𝑥 𝑏 𝑥
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Ex 1. Evaluate: 𝑒 3 𝑒
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The logarithmic function 𝑓 𝑥 = log 𝑏 𝑥 is the ______________ of the exponential function. What does that mean?
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The logarithmic function 𝑓 𝑥 = log 𝑏 𝑥 is the ______________ of the exponential function. What does that mean? inverse
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The logarithmic function 𝑓 𝑥 = log 𝑏 𝑥 is the ______________ of the exponential function. What does that mean? inverse
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Definition 𝑦= log 𝑏 𝑥 ⟺ 𝑏 𝑦 =𝑥 (for 𝑥>0)
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Graphically
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Algebraically log 𝑏 𝑏 𝑥 =𝑥 𝑏 log 𝑏 𝑥 =𝑥
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log 𝑥 means log 10 𝑥 ln 𝑥 means log 𝑒 𝑥
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Ex 2. Evaluate. log 2 16 = log 1000 = ln 𝑒 = ln 𝑒 =
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Properties of logarithms
log 𝑏 𝑢 = log 𝑏 𝑣 iff 𝑢=𝑣 log 𝑏 (𝑢𝑣) = log 𝑏 𝑢 + log 𝑏 𝑣 log 𝑏 𝑢 𝑣 = log 𝑏 𝑢 − log 𝑏 𝑣 log 𝑏 𝑢 𝑟 =𝑟 log 𝑏 𝑢 log 𝑏 1 =0 log 𝑏 𝑏 =1
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Ex 3. Expand: log 2 𝑥 2 𝑦 3 𝑧 5 𝑤 8
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Ex 4. Expand: ln 𝑥 3 1−𝑥 𝑦 2
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Solving Exponential and Logarithmic Equations
Ex 5. Solve: 𝑒 −𝑥 −2𝑥 𝑒 −𝑥 =0 Ex 6. Solve: 6=4+10 𝑒 −4𝑥 Ex 7. Solve: 5 ln (𝑥+7) =15
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To evaluate logs with any base, you can change them to natural logs with this formula: log 𝑏 𝑎 = ln 𝑎 ln 𝑏 ex: log 5 2 = ln 2 ln 5 ≈0.4307
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