copyright © 2006 brooks/cole, a division of thomson learning, inc. exponential and logarithmic...

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Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc. Exponential and Logarithmic Functions 5 Exponential Functions Logarithmic Functions Compound Interest Differentiation of Exponential Functions Differentiation of Logarithmic Functions Exponential Functions as

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Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Exponential and Logarithmic Functions

5• Exponential Functions

• Logarithmic Functions

• Compound Interest

• Differentiation of Exponential Functions

• Differentiation of Logarithmic Functions

• Exponential Functions as Mathematical Models

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Exponential Function

( ) 0, 1xf x b b b

An exponential function with base b and exponent x is defined by

Ex. ( ) 3xf x Domain: All reals

Range: y > 0(0,1)

( )y f x

0 1

1 3 2 9

11 3

x y

x

y

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Laws of ExponentsLaw Example

1. x y x yb b b

2.x

x yy

bb

b

4.x x xab a b

3.yx xyb b

5.x x

x

a a

b b

1/ 2 5 / 2 6 / 2 32 2 2 2 8 12

12 3 93

55 5

5

61/ 3 6 / 3 2 18 8 8

64

3 3 3 32 2 8m m m 1/ 3 1/ 3

1/ 3

8 8 2

27 327

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Properties of the Exponential Function

,

1. The domain is .

2. The range is (0, ).

3. It passes through (0, 1).

4. It is continuous everywhere.

5. If b > 1 it is increasing on . If b < 1 it is decreasing on .

( ) 0, 1xy f x b b b

,

,

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExamplesEx. Simplify the expression

Ex. Solve the equation

42 1/ 2

3 7

3x y

x y

4 8 2

3 7

3 x y

x y

5

5

81x

y

3 1 4 24 2x x 2 3 1 4 22 2x x

6 2 4 22 2x x 6 2 4 2x x

2 4x 2x

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Logarithms

log if and only if 0yby x x b x

The logarithm of x to the base b is defined by

Ex.

43

07

-2

1/ 3

15

log 81 4; 3 81

log 1 0; 7 1

1log 9 2; 81

3

log 5 1; 5 5

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExamplesEx. Solve each equation

a.

b.

2log 5x 52 32x

27log 3 x3 27x

33 3 x1 3x1

3x

m na a m n

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Notation: Common LogarithmNatural Logarithm

10log log

ln loge

x x

x x

Laws of Logarithms1. log log log

2. log log log

3. log log

4. log 1 0

5. log 1

b b b

b b b

nb b

b

b

mn m n

mm n

n

m n m

b

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleUse the laws of logarithms to simplify the expression:

7 1/ 25 5 5 5log 25 log log logx y z

7

525

logx y

z

5 5 51

2 7 log log log2

x y z

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Logarithmic Function

( ) log 0, 1bf x x b b

The logarithmic function of x to the base b is defined by

Properties:

1. Domain: (0, )2. Range:

3. x-intercept: (1, 0)4. Continuous on (0, )5. Increasing on (0, ) if b > 1

Decreasing on (0, ) if b < 1

,

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Graphs of Logarithmic Functions

Ex. 3( ) logf x x

(1,0)

3xy

3logy x

1

3

x

y

1/ 3logy x

1/ 3( ) logf x x

x x

yy

(1,0)

(0, 1) (0, 1)

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ln 0

ln for any real number

x

x

e x x

e x x

and lnxe x

Ex. Solve 2 1110

3xe

2 1 30xe 2 1 ln(30)x

ln(30) 11.2

2x

Apply ln to both sides.

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleA normal child’s systolic blood pressure may be approximated by the function

where p(x) is measured in millimeters of mercury, x is measured in pounds, and m and b are constants. Given that m = 19.4 and b = 18, determine the systolic blood pressure of a child who weighs 92 lb.

( ) (ln )p x m x b

Since 19.4, 92, and 18

we have (92) 19.4(ln 92) 18

105.72

m x b

p

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Compound Interest Formula

1mt

rA P

m

A = The accumulated amount after mt periods

P = Principalr = Nominal interest rate per yearm = Number of periods/yeart = Number of years

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleFind the accumulated amount of money after 5 years if $4300 is invested at 6% per year compounded quarterly.

1mt

rA P

m

4(5).06

4300 14

A

= $5791.48

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleHow long will it take an investment of $10,000 to grow to $15,000 if it earns an interest at the rate of 12% / year compounded quarterly?

40.12

1 15,000 10,000 14

mt tr

A Pm

4 41.5 1.03 ln(1.03) ln1.5

4 ln1.0

Taking ln both sides

log l3 ln1.5

ln1.5 3.43 years

4ln1.0

og

3

nb

t t

bm n mt

t

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Effective Rate of Interest

eff 1 1m

rr

m

reff = Effective rate of interest r = Nominal interest rate/year m = number of conversion periods/year

Ex. Find the effective rate of interest corresponding to a nominal rate of 6.5% per year, compounded monthly.

eff 1 1m

rr

m

12.065

1 112

.06697

It is about 6.7% per year.

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Present Value Formula for Compound Interest

1mt

rP A

m

A = The accumulated amount after mt periods

P = Principalr = Nominal interest rate/yearm = Number of periods/yeart = Number of years

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleFind the present value of $4800 due in 6 years at an interest rate of 9% per year compounded monthly.

1mt

rP A

m

12(6).09

4800 112

P

$2802.83

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Continuous Compound Interest Formula

rtA Pe

A = The accumulated amount after t years

P = Principalr = Nominal interest rate per yeart = Number of years

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleFind the accumulated amount of money after 25 years if $7500 is invested at 12% per year compounded continuously.

rtA Pe0.12(25)7500A e

$150,641.53

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Differentiation of Exponential Functions

x xde e

dx

( ) ( ) ( )f x f xde e f x

dx

Chain Rule for Exponential Functions

Derivative of Exponential Function

If f (x) is a differentiable function, then

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExamplesFind the derivative of

3 5( ) .xf x e

3 4 4 4( ) 4 4x xf x x e x e 3 44 1xx e x

Find the relative extrema of 4 4( ) .xf x x e

3 5( ) 3 5x df x e x

dx

3 55 xe

-1 0

+ – +

Relative Min. f (0) = 0Relative Max. f (-1) = 4

1

e

f

x

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Differentiation of Logarithmic Functions

1ln 0

dx x

dx x

( )ln ( ) ( ) 0

( )

d f xf x f x

dx f x

Chain Rule for Exponential Functions

Derivative of Exponential Function

If f (x) is a differentiable function, then

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExamplesFind the derivative of 2( ) ln 2 1 .f x x

1( ) 2f x

x

Find an equation of the tangent line to the graph of ( ) 2 ln at 1, 2 .f x x x

2

2

2 1( )

2 1

dx

dxf xx

2

4

2 1

x

x

(1) 3f

2 3( 1)

3 1

y x

y x

Slope:

Equation:

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Logarithmic Differentiation

1. Take the Natural Logarithm on both sides of the equation and use the properties of logarithms to write as a sum of simpler terms.

2. Differentiate both sides of the equation with respect to x.

3. Solve the resulting equation for .dy

dx

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExamplesUse logarithmic differentiation to find the derivative of 5

3 2 9 1y x x

5ln ln 3 2 9 1y x x

5ln ln 3 2 ln 9 1y x x

1ln ln 3 2 5ln 9 1

2y x x

1 3 5(9)

2 3 2 9 1

dy

y dx x x

5 3 45

3 2 9 12 3 2 9 1

dyx x

dx x x

Apply ln

Differentiate

Properties of ln

Solve

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Exponential Growth/Decay Models

0( ) 0ktQ t Q e t

Q0 is the initial quantity

k is the growth/decay constant

A quantity Q whose rate of growth/decay at any time t is directly proportional to the amount present at time t can be modeled by:

Growth

Decay 0( ) 0ktQ t Q e t

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleA certain bacteria culture experiences exponential growth. If the bacteria numbered 20 originally and after 4 hours there were 120, find the number of bacteria present after 6 hours.

0 20 soQ ( ) 20 ktQ t e4120 20 ke

ln 60.4479

4k

0.4479(6)(6) 20 294Q e

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Learning Curves

( ) 0ktQ t C Ae t

C, A, k are positive constants

An exponential function may be applied to certain types of learning processes with the model:

0,C A

y = C

x

y

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

ExampleSuppose that the temperature T, in degrees Fahrenheit, of an object after t minutes can be modeled using the following equation: 0.3( ) 200 150 tT t e

1. Find the temperature of the object after 5 minutes.0.3(5)(5) 200 150 166.5T e

2. Find the time it takes for the temperature of the object to reach 190°.

0.3190 200 150 te 0.31/15 te ln 1/15

9 min.0.3

t

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Logistic Growth Model

A, B, k are positive constants

An exponential function may be applied to a logistic growth model:

( ) 01 kt

AQ t t

Be

y = A

0,1

A

B

x

y

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Example

2400( )

1 1199 ktR t

e

The number of people R, in a small school district who have heard a particular rumor after t days can be modeled by:

If 10 people know the rumor after 1 day, find the number who heard it after 6 days.

(1)

240010

1 1199 ke

1 1199 240ke 239

ln 1.6131199

k …

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

1.613

2400( )

1 1199 tR t

e

So

1.613(6)

2400(6) 2232 people

1 1199R

e

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

Example

5000( )

1 1249 ktQ t

e

The number of soldiers at Fort MacArthur who contracted influenza after t days during a flu epidemic is approximated by the exponential model:

If 40 soldiers contracted the flu by day 7, find how many soldiers contracted the flu by day 15.

(7)

500040

1 1249 ke

71 1249 125ke 1 124

ln 0.337 1249

k …

Copyright © 2006 Brooks/Cole, a division of Thomson Learning, Inc.

0.33

5000( )

1 1249 tQ t

e

So

0.33(15)

5000(15) 508 people

1 1249

So approximately 508 soldiers contracted

the flu by day 15.

Qe