Math 331- Algebra II Chapter 12 Notes Name_______________________________ 12.1- Exponential Functions Def- An exponential function with base b is defined by f ( x) b x or y b x , where b is a positive constant other than 1 where b>0, b 1, and x is any real number. Ex- f ( x) 7 x 1 g ( x ) 8 x h( x ) 2 6 x 3 2 r ( x ) 5 7 x Ex- Evaluate the exponential function for x = -3 and x = 5. Round your answer to the nearest hundredth. 1 b) g ( x) 32.8 2 a) f ( x) 12(7) x x 3 Graphs of Exponential Functions Exponential Decay Exponential Growth x y b for 0<b<1 y b x for b>1 Natural Exponential Function y ex Asymptote: Points: Domain: Range: Asymptote: Points: Domain: Range: Asymptote: Points: Domain: Range: Ex- Graph each function by making a table of coordinates. a) f ( x) 4 x b) f ( x) 4 x 1 c) h( x) 3 x 1 d) g ( x) e x 1 Formulas for Compound Interest After t years, the balance, A, in an account with principal P and annual interest rate r is given by the following formulas: 1. For interest compounded n times per year, A P1 rt 2. For interest compounded continuously, A Pe . nt r . n Ex- What percent interest is needed for an investment of $1000 to increase to $1500 in one year compounded monthly? Ex- A house was purchased in 1996 for $150,000 and sold 20 years later at an undisclosed amount. If the percent appreciation is 4.2% over the 20 year period, find the cost of the home. 12.2- Logarithmic Functions Note: The inverse function of the exponential function with base b is a logarithmic function, y log b x . The inverse function of the natural exponential function with base e is a natural logarithmic function, y ln x . Def- For x>0, b>0, and b 1, y log b x is equivalent to b y x . The function y log b x is the logarithmic function with base b. Def- For x>0, y ln x is equivalent to e y x . The function y ln x is called the natural logarithmic function. Exponential Form by x (for b>0 and b 1) Logarithmic Form y log b x ey x y ln x Ex- Write each equation in its equivalent exponential form. a) log 7 49 2 b) log m p q e) ln e 1 d) ln 5 = 1.6094 c) log 5 125 3 f) ln 4 = p ex- Write each equation in its equivalent logarithmic form. 1 a) 3 4 81 b) e m 1 n d) 4 m n e) e 8 k c) 8 3 2 Properties of Logarithms log b b 1 log b 1 0 ln e 1 ln 1 0 log b b x x ln e x x b logb x x e ln x x Ex- Evaluate without using a calculator. a) log 7 1 b) ln e 4 c) log 10000 f) 4 log4 9 g) ln e h) e ln x d) e ln 7 3 i) log 2 8 x e) log 4 64 Graphs of Logarithmic Functions Logarithmic Function with Base b for x>0 and b>0 y log b x Natural Logarithmic Function for x>0 y ln x Asymptote: Points: Domain: Range: Asymptote: Points: Domain: Range: Ex- Graph each logarithmic function. a) g ( x) log 3 x b) g ( x) ln x 1 To find the domain of a logarithmic function without graphing: For y log b x and y ln x , set x>0 and solve. Write your answer in interval notation. Ex- Find the domain without graphing. a) r ( x) 7 ln( x 3) 5 b) m( x) log 2 (4 x 7) 9 c) k ( x) ln( 5 3 x) d) p( x) log( x 5) 2 Ex- The formula f ( x) 38 log( x 2) 13 represents the diameter (in inches) of a tree x years after a fire. a) Find the diameter of a tree 15 years after a fire. b) If a tree has a diameter of 70 inches, how many years has it been since the fire occurred? 12.3- Properties of Logarithms Properties of Logarithms For any values of M and N such that M>0 and N>0, the following rules apply: log b (MN ) log b M log b N ln( MN ) ln M ln N Product Rule: Quotient Rule: M log b log b M log b N N M ln ln M ln N N Power Rule: p log b M log b M p p ln M ln M Ex- Express as a single logarithm, then simplify. a) log 7 5 log 7 8 b) 3 log m 4 7 log m 2 d) ln( m 4) ln( m 2 16) e) log 3 27 log 3 15 log 3 18 p c) ln x 4 ln y 6 ln z f) log( 2000) log( 50) g) ln 6 ln 15 ln 20 Ex- Use properties of logarithms to expand each expression as much as possible. 3 x2 3x a) log 2 b) ln m 5 c) log 5 w x 4 x2 y4 d) ln 10 3 z k Ex- State whether each is true or false, then explain. log 5 7 a) b) log 3 9 log 3 81 2 log 5 7 log 5 9 log 5 9 c) ln 11 ln 10 (ln 11)(ln 10) When trying to calculate something like log 5 8 on the calculator, you need to use the change of base property. Change of Base Property For any logarithmic bases a and b and any positive number M, log b M Ex- Use the change of base property to evaluate each of the following. a) log 4 17 b) log 2 24 c) log 7 8 log a M ln M or log b M . ln b log a b d) log .9 16.2 12.4- Exponential and Logarithmic Equations Solve each equation. Give exact solutions only. (Exact solutions means…do not use a calculator.) **** You can only take the log or ln of positive number. Check every single answer if the original problem contains log or ln. 1. log 9 x log 9 4 2. ln( x 2) 4 3. log( x 4) 3 4. ln( 5 x) 4 2x 5. 23 x 4 x 6. 8 x 16 2 1 7. 3 8. ln 5 ln t 4 9. 2 4 x 174 10. log 8 log( 7 x) log 9 11. log 6 x log 6 ( x 1) 1 12. 5 ln( 7 x) 3 13. 7e 2t 21 81 14. log( x) log( 3x 2) log 8 0 15. 18 1.7 x 0 16. log( 5 x) log( 8 x 6) 17. ln x ln( x 2 4 x) ln 2 x 18. ln( x 3) 7 ln( 2 x) 19. 7 2 x 3 x 1 Ex- Kim invested $500 in an account that is compounded continuously. How long will it take for the investment to reach $600 at 7% interest? Ex- Carmen invests $20,000 in an account that gains 2% interest compounded semi-annually. How long will it take her to double her investment?