Review for Exam #4 4.1 Exponential Functions The exponential function f with base b is defined by f (x) b x or y b x where b 0, b 1 and x is any real number. *Characteristics of Exponential Functions of y the Form f (x) b x 1. The Domain of f (x) : (, ) . The Range of f (x) : (0, ) x 2. The graphs of f (x) b pass through the point 0<b<1 b>1 (0, 1) . The y-intercept is 1. 3. If b 1, goes up to the right, increasing function. The greater the value of b , the steeper the increase. x 4. If 0 b 1, goes down to the right, decreasing function. The smaller the value of b , the steeper the decrease. 5. f (x) b x is one to one so it has an inverse function. 6. f (x) b x approaches, but does not touch the x-axis. The x-axis ( y 0 ) is horizontal asymptote. *Transformation of Exponential Functions Equation Description/Change of Coordinates x Vertical translation g(x) b c Shifts the graph of f (x) b x upward c units. /Add c from each y-coordinate. x g(x) b c Shifts the graph of f (x) b x downward c units. /Subtract c from each y-coordinate. x c Horizontal translation g(x) b Shifts the graph of f (x) b x to the left c units. /Subtract c from each x-coordinate. x c g(x) b Shifts the graph of f (x) b x to the right c units. /Add c from each x-coordinate. x Reflection g(x) b Reflects the graph of f (x) b x about the x-axis. /Replace each y-coordinate with its opposite. x x g(x) b Reflects the graph of f (x) b about the y-axis. /Replace each x-coordinate with its opposite. x Vertical stretching or g(x) cb , c 1 Vertically stretches the graph of f (x) b x . shrinking /Multiply each y-coordinate by c. x g(x) cb , Vertically shrinks the graph of f (x) b x . /Multiply each y-coordinate 0 c 1 by c. cx Horizontal stretching g(x) b , c 1 Horizontally shrinks the graph of f (x) b x . or shrinking /Divide each x-coordinate by c. cx g(x) b , Horizontally stretches the graph of f (x) b x . /Divide each x-coordinate 0 c 1 by c. 1 Example 1) The equation f (x) 17.48e 0.0027x describes the average hourly wage for construction workers x years after 2000. Estimate (to the nearest cent) the average hourly wage in 2010. Example 2) Find the equation represents the transformation of the graph f (x) 3x after a horizontal shift of 4 units left, a reflection about y-axis, followed by a vertical shift of 5 units up? 1 x 5 Example 3) Let h(x) 3 . 4 (a) Write the domain and range of h in interval notation. (b) Write the equation of the asymptote for the graph of h(x) . (c) Is the graph of h(x) increasing or decreasing? 2 *Formulas for Compound Interest After t years, the balance, A, in an account with principal P and annual interest rate r (in decimal form) is given by the following formulas: r 1. For n compounding per year: A P1 n 2. For continuous compounding: A Pe rt nt Example 4) When $500 is invested in an account that earns 5.75% annual interest, compounded quarterly, find the accumulated value after 4 years (to the nearest cent). How about if compounded continuously? 4.2 Logarithmic Functions For x 0 and b 0 , b 1, y log b x is equivalent to b y x . The function f ( x) log b x is the logarithmic function with base b. *Properties Involving One 1. log b b 1 2. log b 1 0 *Inverse Properties of Logarithms For b 0 and b 1, log b b x x b logb x x *Graphs of Logarithmic Functions A logarithmic function is the inverse of an exponential function. I means that the graph of the logarithmic function is a reflection of the graph of the exponential function about the line y x . y y y bx y bx x x y log b x b 1 0 b 1 3 y log b x *Characteristics of the Graphs of Logarithmic Functions of the Form f ( x) log b x 1. The x-intercept is 1. There is no y-intercept. 2. The y-axis ( x 0 ) is a vertical asymptote. As x 0 , log b x or . 3. If b 1 , the function is increasing. If 0 b 1, the function is decreasing. 4. The graph is smooth and continuous. It has no sharp corners or gaps. *Transformation of Logarithmic Functions Equation Description/Change of Coordinates Vertical Shifts the graph of f ( x) log b x upward c units. g ( x) log b x c translation /Add c from each y-coordinate. Shifts the graph of f ( x) log b x downward c units. g ( x) log b x c /Subtract c from each y-coordinate. Horizontal g ( x) log b ( x c) Shifts the graph of f ( x) log b x to the left c units. translation /Subtract c from each x-coordinate. Shifts the graph of f ( x) log b x to the right c units. g ( x) log b ( x c) /Add c from each x-coordinate. Reflection Reflects the graph of f ( x) log b x about the x-axis. g ( x) log b x /Replace each y-coordinate with its opposite. g ( x) log b ( x) Reflects the graph of f ( x) log b x about the y-axis. /Replace each x-coordinate with its opposite. Vertical Vertically stretches the graph of f ( x) log b x . g ( x) c log b x , c 1 stretching or /Multiply each y-coordinate by c. shrinking Vertically shrinks the graph of f ( x) log b x . g ( x) c log b x , /Multiply each y-coordinate by c. 0 c 1 Horizontal g ( x) log b cx , c 1 Horizontally shrinks the graph of f ( x) log b x . stretching or /Divide each x-coordinate by c. shrinking g ( x ) log cx , Horizontally stretches the graph of f ( x) log b x . b /Divide each x-coordinate by c. 0 c 1 1 Tip: follow the changes of 3 points {( , 1), (1, 0), (b, 1)} and asymptote ( x 0 ) of b f (x ) through the transformations. *The Domain of a Logarithmic Function The domain of a logarithmic function of the form f ( x) log b x is the set of all positive real numbers, (0, ) . The domain of f ( x) log b g ( x) consist of all x for which g ( x) 0 . *Common Logarithms f ( x) log 10 x log x *Natural Logarithms f ( x) log e x ln x 4 Example 5) Determine if the first expression is larger, smaller or equal to the second expression. (a) log 2 (log 5 5) 0 log 3 27 (b) 1 log 3 9 (c) log 5 20 log 20 5 1 (d) log 2 0 8 Example 6) What is the coordinate of the x-intercept of f (x) log 3 (x 5) 2? Example 7) What is the domain of f (x) 3 ln( 5 x) ? 4.3 Properties of Logarithms *Expanding Logarithmic Expressions For M 0 and N 0 : 1. log b (MN ) log b M log b N Product rule M 2. log b log b M log b N Quotient rule N 3. log b M p p log b M Power rule *Condensing Logarithmic Expressions For M 0 and N 0 : 1. log b M log b N log b ( MN ) M 2. log b M log b N log b N p 3. p log b M log b M Product rule Quotient rule Power rule *The Change-of-Base Property log a M log b M log a b 5 Example 8) Expand the expression below as much as possible. 5 x log 4 3 16 ( x 7 ) Example 9) Write the following expression as a single logarithm whose coefficient is 1. 1 (ln b 4 ln c ln 5) 4 Example 10) Write the expression below as a single term that does not contain logarithms. Simplify your answer as much as possible. 6 4 log6 x 3 log6 xy Example 11) Use the calculator to evaluate log 0.3 19 . Round your answer to 4 decimal places. 4.4 Exponential and Logarithmic Equations *Exponential Equations - Solving Exponential Equation by Expressing Each Side as a Power of Same Base If b M b N , M N . 1. Rewrite the equation in the form b M b N . 2. Set M N . 3. Solve for the variable. - Using Natural Logarithm toSolve Exponential Equations 1. Isolate the exponential expression. 2. Take the natural logarithm on both sides of the equation. 3. Simplify using one of the following properties: ln b x x ln b or ln e x x . 4. Solve for the variable. 6 *Logarithmic Equations - Using the Definition of a Logarithm to Solve Logarithmic Equations 1. Express the equation in the form log b M c . 2. Use the definition of a logarithm to rewrite the equation in exponential form: log b M c means b c M . 3. Solve for the variable. in the original equation. Include in the solution set only 4. Check proposed solutions values for which M 0 . Property of Logarithms - Using the One-to-One to Solve Logarithmic Equations 1. Express the equation in the form log b M log b N . This form involves a single logarithm whose coefficient is 1 on each side of the equation. 2. Use the one-to-one property to rewrite the equation without logarithms: If log b M log b N , then M N . 3. Solve for the variable. 4. Check proposed solutions in the original equation. Include in the solution set only values for which M 0 and N 0. Example 11) The Smith family won $12,000 in a raffle and wants to invest it for their child’s college fund. What interest will be needed for this investment grow to $60,000, compounded continuously, after 18 years? Write your answer as a percent and round to the nearest hundredths place. Example 12) Find the solution set for the equation log 3 x log 3 ( x 8) 2 . Example 13) Find the exact solution for the equation e 2 x e x 12 0. Example 14) Find the solution set for the equation below correct to four decimal places. 4 x 2 5x 7