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Prof. M. Alonso f (x ) log2 x f (x ) e x Define exponential and logarithmic functions Graph both functions Solve exponential and logarithmic equations Apply the properties of logarithms Solve problems Definition An exponential function is f(x) = Abx where b > 0 and b 1. A is a real number The domain of this function are the real numbers Note the variable is an exponent . F(x) = 2x H(x) = 102x+3 G(x) = (¼)x-1 Q(x) = (½)2x P(x) = (3) –x M(x) = (¾)4x A common base used in the sciences is the base e also called natural base. e is a symbol such as π which represents the number e = 2.718281828. . . Thus we have the exponential function f (x ) e x find the value of e , use the ex button (generally you’ll need to hit the 2nd function or blue button first to get it depending on the calculator). After hitting the ex, you then enter the exponent 1 and push = or enter. If you have a scientific calculator that doesn’t graph you may have to enter the 1 before hitting the ex button . You should get 2.718281828 To Let us plot some points. X Y -3 0.125 -2 0.25 -1 0.5 0 1 1 2 2 4 3 8 9 8 7 6 5 4 3 2 1 0 -1 0 Remember! f(-3)= 2-3=.125 A negative exponent means: -4 -2 1 1 f 3 2 3 2 8 3 2 4 The domain is the real numbers The range is (0, ∞ ) Y - Intercept f(0) = 20 = 1 , (0, 1) X - Intercepto 2x = 0 There are no x intercepts because there is no x value that you can put in the function to make it = 0. The graph is always increasing 9 8 7 6 5 4 3 2 1 -4 -2 0 -1 0 2 4 x -3 -2 -1 0 1 2 3 1 2 y 8 4 2 1 .5 .25 .125 x 10 8 6 4 2 0 -4 -2 -2 0 2 4 1 f ( x) 2 Domain- real numbers Range – (0, ∞) Y- intercept – (1, 0) X – intercept - There are no x intercepts The graph is decreasing x The graphs can be increasing or decreasing. By looking at the function we know if the graph is increasing or decreasing. If b > 1 then the graph of f(x) = bx is increasing.. If 0 < b < 1, then the graph of f(x) = bx ss decreasing. An exponential equation is one in which a variable occurs in the exponent: 3x = 9 52x+1 = 125x 6x = 7 42x-2 = 8 5 = 25x-2 Theorem: If bx = by then x = y. This says that if both sides of the equation have the same base, then the exponents are equal Solution: Use the theorem The left hand side is 3 to the something. Re-write the right hand side, 9, as 3 to the power 2 Thus, x = 2 3x = 9 3x = 32 Remember, if the bases are equal then the exponents are equal. 52x+ 1 = 125x 52x+1 = (53)x Thus, 2x+1 = 3x 1 = 3x -2x 1 =x Re-write 125 as 53. 42x-2 = 8 (22)2x-2 = 23 24x-4 = 23 Thus: 4x -4 = 3 4x = 7 x = 7/4 5 = 25 51/2 = (52) x-2 51/2 = 5 2x-4 Thus: ½ = 2x - 4 ½ + 4 = 2x 9/2 = 2x 9/4 = x x-2 With the procedure used in the previous cases we can not solve this equation since there is no way to put the bases equal. Later we will use another technique to solve this equation. Exponential functions have many applications, both in the Natural Sciences and in Business Administration. We will see some interesting applications. Compound interest (or compounding interest) is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit. If one invests a certain amount of money P into a savings account that pays an interest rate r and the interest is calculated in certain periods, then after t years the person gets the following amount A of money: A = P( 1 + r/n)nt The letters in the formula A = P( 1 +r/n)nt represent: P the principal, the money that you deposit r the annual rate of interest n the number of times that interest is compounded per year ( if monthly, then n = 12; if quarterly then n = 4. t number of years the amount is deposited A amount of money accumulated after t years, A = P( 1 +r/n)nt The formula is an exponential function because the variable t is in the exponent. That is, the amount of money A that one will have in the future depends on the time that the principal is in the account. If you invest $ 2000 in a 6.5% IRA compounded monthly, after 5 years how much money does the person have? .065 A = 2000 1+ 12 (12)(5) = 2000 (1 + .00541)60 = 2000 (1.0054166666666)60 = 2765.63 Use a calculator Definition: The logarithmic function is defined as: f(x) = logbx where b > 0, b 1. interval (0, ). The domain is the f(x) = log3 (x + 1) g(x) = log x2 h(x) = log2( x -3 ) p(x) = log½ (3x3 + 2x - 4) There are two bases that are used a lot when working with logarithms: base 10 and base e. When we refer to base 10 we only write log x, that is, we do not indicate the base because it is understood that the base is 10. When we refer to the base e, called natural base, we write ln x; That is, ln x means logex. Both log x and ln x are keys that appear in any scientific calculators. You should check how your calculator works. If we want to find log 100 we just have to press the log key and then 100. The answer is 2 To find ln 3, press the ln button and then 3 . The answer is ln 3 = 1.098612289. Find this logarithms of: Log1000 What is a logarithm? Log 100 Log 10 Log 1 a quantity Log .01 representing the Log .001 power to which a fixed number (the base) must be raised to produce a given number. Logarithm base 10 value Note Log 1000 3 103=1000 Log 100 2 102=100 Log 10 1 101=10 Log 1 0 100=1 Log .01 -2 10-2=.01 Log .001 -3 10-3=.001 It follows that a logarithm is an exponent. That is, a logarithm is the exponent to which the base must be raised to obtain the number. Therefore, the equivalent form is logb N e Logarithm form b N e Exponential form y = log2 x is equivalent to 2y = x . EXPONENT y = log2 x 2y = x BASE NUMBER x y ¼ Log2(¼)=-2 ½ Log2 (½)=-1 1 Log21 = 0 2 Log22= 1 4 Log24= 2 8 Log28 = 3 Powers of 2 Remember what a logarithm is!! Domain is the interval ( 0, ). 4 3 2 1 0 -1 -2 0 2 4 6 8 10 F(x) = 2x g(x) = log2x Compare these two graphs and their value tables, what do you observe? F(x) = 2x g(x) = log2x Find log2 (1/64) Solution: Write log2 (1/64) = N Change to an equivalent form: 2N = 1/64 Solve this exponential equation N = -6 Thus, log 2 ( 1/64) = -6 2N = 1/64 We have an exponential equation 2 N 2 N Thus, 1 = 64 -6 =2 N = -6. The answer is: log2 1 = -6 64 Find log381 log3 81= N 3 = 81 N 3 =3 N 4 Thus, N = 4. The answer is log381 = 4 Let A, C and N be real numbers 1. logb 1 = 0 2. logbb = 1 3. logb (AC) = logb A + logb C 4. logb (A/C) = logb A - logb C 5. log b AN = N logb A 1. 2. 3. Simplify logarithms Solve exponential equations Solve logarithmic equations We use property #3. Simplify log3 log3x + log3x2 x + log3 x2 = log3 (x)(x2 ) = log3 x3 If logb2 = .23 and logb5 = .42 Find 1. 2. 3. 4. Logb10 Logb8 Logb ½ Logb25b Use logarithm properties!!!! Logb10 = Logb(2)(5) = Logb2 +Logb5 = .23 + .42 = .65 Add Write 10 as a product Usa property #3 Substitute Logb8 = Logb23 = 3Logb2 = 3(.23) = .69 Write 8 as a power of 2 Use property #5 Substitute Multiply Logb(1/2) = Logb1 - Logb2 Use property #4 = 0 - .23 Substitute = -.23 Add Logb25b = Logb25 + logbb = Logb52 + 1 = 2Logb5 + 1 = 2(.42) + 1 = 1.84 Use property #3 Use #5 and #2 Substitute Add Solve log 3 (x - 2) + log 3 (x - 4) = 2 log 3 (x - 2) + log log log 3 3 (x - 4) = 2 (x - 2)(x - 4) = 2 (x2 –6x + 8) = 2 Use property # 3 Multiply (x2 –6x + 8) = 32 Change to exponential form x2 Quadratic equation 3 –6x + 8 – 9 = 0 x2 –6x –1 = 0 Use quadratic formula to solve x= = = = -b ± b2 - 4ac 2a -(-6) ± 6± 6± (-6) 2 - 4(1)(-1) 2(1) 36 + 4 2 40 2 6 ± 2 10 = 2 2(3 ± 10 ) = 2 = 3 ± 10 The only solution is 3 10 Solve Since 2x = 5 5 cannot be written as a power of 2, we need another procedure to solve the equation. To solve an exponential equation, take the log of both sides ( base 10 or base e) and solve for the variable. 2x = 5 log 2x = log 5 Solve 2x = 5 log 2x = log 5 x log 2 = log 5 xlog2 log5 = log2 log2 Use property # 5 Solve for x log5 x= = 2.3219 log2 Use the calculator Solve 3x-1 = 7 2x log3x-1 = log7 2x (x -1)log3 = 2xlog7 Use property # 5 xlog3-log3 = 2xlog7 xlog3-2xlog7 = log3 x(log3-2log7) = log3 Common Factor x x(log3-2log7) log3 = log3-2log7 log3-2log7 x =-.3933 Exponential functions are used to model carbon date artifacts, population growth, exponential decay, and compound interest. Let’s look at a general form for population models. Most of the time, we start with an equation that looks like P P0 e P0 is the initial population k is the growth rate t time kt Suppose that the population of a certain country grows at an annual rate of 3%. If the current population is 5 million, what will the population be in 10 years? Solution: P(t) = 5e0.03(10) = 6.7492… million In the same country as in the previous example, how long will it take the population to reach 10 million? Solution: 10 = 5e0.03t isolate the 10/5 = e0.03t exponential 2 = e0.03t ln 2 = ln e0.03t apply the natural log function ln 2 = ln e0.03t Ln 2 =.03t lne Property #5 and #2 Ln2 = .03t Ln2/.03 = t 23.10 = t , thus 23 years