Rev.S08 MAC 1105 Module 9 Exponential and Logarithmic Functions II.

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Rev.S08 MAC 1105 Module 9 Exponential and Logarithmic Functions II

2 Rev.S08 Learning Objective Upon completing this module, you should be able to: 1. Learn and apply the basic properties of logarithms. 2. Use the change of base formula to compute logarithms. 3. Solve an exponential equation by writing it in logarithmic form and/or using properties of logarithms. 4. Solve logarithmic equations. 5. Apply exponential and logarithmic functions in real world situations. Click link to download other modules.

3 Rev.S08 Exponential and Logarithmic Functions II Click link to download other modules. -Properties of Logarithms -Exponential Functions and Investing There are two major sections in this module:

4 Rev.S08 Property 1 Click link to download other modules. log a (1) = 0 and log a (a) = 1log a (1) = 0 and log a (a) = 1 a 0 =1 and a 1 = aa 0 =1 and a 1 = a Note that this property is a direct result of the inverse property log a (a x ) = xNote that this property is a direct result of the inverse property log a (a x ) = x Example: log (1) =0 and ln (e) =1Example: log (1) =0 and ln (e) =1

5 Rev.S08 Property 2 Click link to download other modules. log a (m) + log a (n) = log a (mn)log a (m) + log a (n) = log a (mn) The sum of logs is the log of the product.The sum of logs is the log of the product. Example: Let a = 2, m = 4 and n = 8Example: Let a = 2, m = 4 and n = 8 log a (m) + log a (n) = log 2 (4) + log 2 (8) = 2 + 3log a (m) + log a (n) = log 2 (4) + log 2 (8) = log a (mn) = log 2 (4 · 8) = log 2 (32) = 5log a (mn) = log 2 (4 · 8) = log 2 (32) = 5

6 Rev.S08 Property 3 Click link to download other modules. The difference of logs is the log of the quotient.The difference of logs is the log of the quotient. Example: Let a = 2, m = 4 and n = 8Example: Let a = 2, m = 4 and n = 8

7 Rev.S08 Property 4 Click link to download other modules. Example: Let a = 2, m = 4 and r = 3Example: Let a = 2, m = 4 and r = 3

8 Rev.S08 Example Click link to download other modules. Expand the expression. Write without exponents.Expand the expression. Write without exponents.

9 Rev.S08 Example Click link to download other modules. Write as the logarithm of a single expressionWrite as the logarithm of a single expression

10 Rev.S08 Change of Base Formula Click link to download other modules.

11 Rev.S08 Example of Using the Change of Base Formula Click link to download other modules. Use the change of base formula to evaluate log 3 8Use the change of base formula to evaluate log 3 8

12 Rev.S08 Solve 3(1.2) x + 2 = 15 for x symbolically by Writing it in Logarithmic Form Click link to download other modules. Divide each side by 3 Take common logarithm of each side (Could use natural logarithm) Use Property 4: log(m r ) = r log (m) Divide each side by log (1.2) Approximate using calculator

13 Rev.S08 Solve e x+2 = 5 2x for x Symbolically by Writing it in Logarithmic Form Click link to download other modules. Take natural logarithm of each side Use Property 4: ln (m r ) = r ln (m) ln (e) = 1 Subtract 2x ln(5) and 2 from each side Factor x from left-hand side Divide each side by 1 – 2 ln (5) Approximate using calculator

14 Rev.S08 Solving a Logarithmic Equation Symbolically Click link to download other modules. In developing countries there is a relationship between the amount of land a person owns and the average daily calories consumed. This relationship is modeled by the formula C(x) = 280 ln(x+1) where x is the amount of land owned in acres andIn developing countries there is a relationship between the amount of land a person owns and the average daily calories consumed. This relationship is modeled by the formula C(x) = 280 ln(x+1) where x is the amount of land owned in acres and Source: D. Gregg: The World Food Problem Determine the number of acres owned by someone whose average intake is 2400 calories per day.Determine the number of acres owned by someone whose average intake is 2400 calories per day. Must solve for x in the equationMust solve for x in the equation 280 ln(x+1) = 2400

15 Rev.S08 Solving a Logarithmic Equation Symbolically (Cont.) Click link to download other modules. Subtract 1925 from each side Divide each side by 280 Divide each side by 280 Exponentiate each side base e Inverse property e lnk = k Subtract 1 from each side Approximate using calculator

16 Rev.S08 Quick Review of Exponential Growth/Decay Models Click link to download other modules.

17 Rev.S08 Example of an Exponential Decay: Carbon-14 Dating Click link to download other modules. The time it takes for half of the atoms to decay into a different element is called the half-life of an element undergoing radioactive decay. The half-life of carbon-14 is 5700 years. Suppose C grams of carbon-14 are present at t = 0. Then after 5700 years there will be C/2 grams present.

18 Rev.S08 Example of an Exponential Decay: Carbon-14 Dating (Cont.) Click link to download other modules. Let t be the number of years. Let A =f(t) be the amount of carbon-14 present at time t. Let C be the amount of carbon-14 present at t = 0. Then f(0) = C and f(5700) = C/2. Thus two points of f are (0,C) and (5700, C/2) Using the point (5700, C/2) and substituting 5700 for t and C/2 for A in A = f(t) = Ca t yields: C/2 = C a 5700 Dividing both sides by C yields: 1/2 = a 5700

19 Rev.S08 Example of an Exponential Decay: Carbon-14 Dating (Cont.) Click link to download other modules. Half-life

20 Rev.S08 Radioactive Decay (An Exponential Decay Model) Click link to download other modules. a radioactive sample containing C units has a half-life of k years, then the amount A remaining after x years is given by If a radioactive sample containing C units has a half-life of k years, then the amount A remaining after x years is given by

21 Rev.S08 Example of Radioactive Decay Click link to download other modules. Radioactive strontium-90 has a half-life of about 28 years and sometimes contaminates the soil. After 50 years, what percentage of a sample of radioactive strontium would remain? Since C is present initially and after 50 years.29C remains, then 29% remains. Note calculator keystrokes :

22 Rev.S08 Example of an Exponential Growth: Compound Interest Click link to download other modules. Suppose $10,000 is deposited into an account which pays 5% interest compounded annually. Then the amount A in the account after t years is: A(t) = 10,000 (1.05) t

23 Rev.S08 What is the Compound Interest Formula? Click link to download other modules. If P dollars is deposited in an account paying an annual rate of interest r, compounded (paid) n times per year, then after t years the account will contain A dollars, whereIf P dollars is deposited in an account paying an annual rate of interest r, compounded (paid) n times per year, then after t years the account will contain A dollars, where Frequencies of Compounding (Adding Interest) Frequencies of Compounding (Adding Interest) annually (1 time per year)annually (1 time per year) semiannually (2 times per year)semiannually (2 times per year) quarterly (4 times per year)quarterly (4 times per year) monthly (12 times per year)monthly (12 times per year) daily (365 times per year)daily (365 times per year)

24 Rev.S08 Example: Compounded Periodically Click link to download other modules. Suppose $1000 is deposited into an account yielding 5% interest compounded at the following frequencies. How much money after t years? AnnuallyAnnually SemiannuallySemiannually QuarterlyQuarterly MonthlyMonthly

25 Rev.S08 Example: Compounded Continuously Click link to download other modules. Suppose $100 is invested in an account with an interest rate of 8% compounded continuously. How much money will there be in the account after 15 years? In this case, P = $100, r = 8/100 = 0.08 and t = 15 years. Thus, A = Pe rt A = $100 e.08(15) A = $332.01

26 Rev.S08 Another Example Click link to download other modules. How long does it take money to grow from $100 to $200 if invested into an account which compounds quarterly at an annual rate of 5%?How long does it take money to grow from $100 to $200 if invested into an account which compounds quarterly at an annual rate of 5%? Must solve for t in the following equationMust solve for t in the following equation

27 Rev.S08 Another Example (Cont.) Click link to download other modules. Divide each side by 100 Take common logarithm of each side Property 4: log(m r ) = r log (m) Divide each side by 4log Approximate using calculator

28 Rev.S08 Another Example (Cont.) Click link to download other modules. Divide each side by 100 Take natural logarithm of each side Property 4: ln (m r ) = r ln (m) Divide each side by 4 ln (1.0125) Approximate using calculator Alternatively, we can take natural logarithm of each side instead of taking the common logarithm of each side.

29 Rev.S08 What have we learned? We have learned to: 1. Learn and apply the basic properties of logarithms. 2. Use the change of base formula to compute logarithms. 3. Solve an exponential equation by writing it in logarithmic form and/or using properties of logarithms. 4. Solve logarithmic equations. 5. Apply exponential and logarithmic functions in real world situations. Click link to download other modules.

30 Rev.S08 Credit Some of these slides have been adapted/modified in part/whole from the slides of the following textbook: Rockswold, Gary, Precalculus with Modeling and Visualization, 3th Edition Click link to download other modules.