UNIT 5 Exponential and Logarithmic Functions! OH YEAH! Unit Essential Question • How are exponential and logarithmic functions related, and how can they be represented graphically? LESSON 5.1 Exponential Functions Lesson Essential Question (LEQ) • What is an exponential function and how can they be represented graphically? Solving Exponential Equations • Examples: • 1) 43π₯ = 46 • 2) 53π₯ = 57π₯−8 • 3) 32π₯−4 = 92π₯+6 • 4) 2 −9 π₯ 2 =4 3 2π₯+2 Sketching Graphs • Let’s sketch the graph of the following functions: • Ex: π π₯ = 3 π₯ • Ex: π π₯ = 3 π₯−2 • Ex: π π₯ = 3 π₯ + 1 • Ex: π π₯ = 2π₯ 1 2 • Ex: π π₯ = ( ) π₯ Even More Graphs! • Let’s sketch the graph of: • Ex: π π₯ = • Ex: π π₯ = 2 π₯ 2 2 −π₯ 2 Real World Applications: • Compound Interest • Decay/Growth • Half-Life • Bloodstream • Appreciation/Depreciation • Inflation • Epidemics • Many more… Homework: • Page 334-335 • #’s 1, 3, 5, 7, 9, 13, 15, 17, 21, 30, 31a, 33a, 35 Bell Work: • 1) Solve for x. 82π₯−5 = 1 π₯ 2 −1 ( ) 2 Compound Interest: • Blue Table on Page 332 π π • π΄ = π(1 + )ππ‘ • A = Future Value • P = Principal • r = interest rate as a decimal • n = number of interest periods per year • t = number of years Principal is invested Examples: • Ex: If you invested $2,000 dollars 10 years ago at 4.5% that was compounded quarterly, what would be the value of that investment today? • Ex: Mr. Kelsey needs to have $2,000,000 by the time he retires in 33 years. He plans to invest in a money market account that will return 5.25% per year. How much money will he need to invest right now to reach his goal? Classwork/Homework: • Pages 335-336 • #’s 37 – 42, 45-48 Bell Work: • The current average cost of gasoline per gallon in PA is $2.79 and has been increasing at an average inflation rate of 3.75% per year. If this pattern holds true, what will be the cost of gas in 30 years? LESSON 5.2 The Natural Exponential Function LESSON ESSENTIAL QUESTION • What is the natural exponential function and how can it be used? Important: 1 π • (1 + )π = π = 2.71828 … ππ π πππππππβππ ∞ • How do we get this???? • The NATURAL EXPONENTIAL FUNCTION: π π₯ = π π₯ Continuously Compounded Interest • π΄ = ππ ππ‘ • A = Future Value • P = Principal • r = interest rate as a decimal • t = number of years Principal is invested Law of Growth/Decay Formula • π π‘ = π0 π ππ‘ • π π‘ = ππ’πππ‘ππ‘π¦ • π0 = πΌπππ‘πππ π΄πππ’ππ‘ ππ π • π = πππ‘π ππ ππππ€π‘β ππ πππππ¦ ππ π πππππππ • π‘ = π‘πππ ππ π¦ππππ • If r > 0, then the quantity is growing. • If r < 0, then the quantity is decaying. Homework: • Pages 345-346 • #’s 5 – 15 odds, 19-31 odds Bell Work: • 1) If $12,000 is continuously compounded at 2.55% over 5 years and 3 months, what would be the amount of interest earned? • 2) The population of PA in 1990 was 12 million. If the population is continuously growing at a rate of 1.05% per year, then what would the population be in 2020? • 3) The amount A(t) of a certain radioactive isotope after t days is given as π΄ π‘ = π΄π π ππ‘ where π΄π is the initial amount of the isotope and the rate of decay is 0.225%. What was the initial amount if after 50 days, there was 893.6 grams left? Small Quiz Monday: • You will need to know for tomorrow: • Solve exponential equations • Compound Interest Formula • Word Problems • Solve natural exponential equations • Continuously Compounded Interest • Growth/Decay Formula • Word Problems! • WORD PROBLEMS!!!!! Classwork/Homework: • Pages 345-347 #’s 6, 8, 12, 14, 20, 22, 24, 26a, 28, 32 • This assignment will be collected! Bell Work: 1 1 • 1) Solve: 92π₯ β ( )−5π₯ = 27−4 β ( )−1 3 • 2) Solve: 2 4π₯ π 9 = π −15π₯+25 • 3) The half-life of a radioactive isotope is 400 years. If there are 600 mg of the isotope present at time t = 0, then the amount remaining after t years is given as π΄ π‘ = 600(2)−π‘/400 . • A) How much of the isotope is remaining after 200 years? • B) Using the given equation, how long will it take for 75 mg of the isotope to be left? • C) Explain how you know the amount remaining after 2000 years without using the equation. Examples: • 4) Mackenzie borrows $20,000 to purchase a new car. Her loan is to be compounded monthly over 5 years at 4.5%. What will be her monthly payments? • 5) The local population of koala bears has been decreasing since 1975 at a continuous rate of 6%. If the population is currently estimated to be 100 (in 2015), what would be the estimated population back in 1975? 1 32 • 6) Solve: 642π₯−5 = ( )−6 Bell Work: • 1) Colten begins a new job working for $15.25 an hour. Every year he will get a annual 3% cost of living raise. If he works at this same job for 30 years, what will be his hourly wage? LESSON 5.3 Logarithmic Functions Lesson Essential Question: • How are logarithmic functions related to exponential functions and what are the different properties of logarithms? Logarithm • π¦ = log π π₯ if and only if π₯ = π π¦ • x must be > 0 • y must be a real number • How does this compare to an exponential function? Graphs of Logarithms • Let’s sketch the graph of a basic logarithmic function and see how it compares to a basic exponential function. • Sketch: • π π₯ = log 2 π₯ and π π₯ = 2 π₯ Rewriting Logarithms • We can rewrite any logarithm in exponential form. • πΌπ π¦ = log π π₯ , π‘βππ π π¦ = π₯. • Let’s rewrite the following logarithms as exponents: • log 2 16 = π₯ • log π¦ 625 = 4 • log10 π = 3 Rewriting Exponents • We can also rewrite exponents as logarithms. • Ex: π₯ 5 = 32 • Ex: (4π¦ + 5)3 = 27 • Ex: 3 π₯ = 2π₯ + 1 Simplifying Logarithms • Simplify (if possible): • Ex: 1 log 3 81 • Ex: log 2 64 • Ex: log12 1 • Ex: log 5 −25 Bell Work: • Simplify: 1 • 1) log 6 =? 36 • 2) log 2 16= ? • 3) log 8 2 = ? • 4) 1 log 32 4 =? • 5) log 4 −16 = ? Properties of Logarithms • Page 350 Blue Table • Remember These Properties!!!!! Solving Logarithmic Equations • Ex: log 4 5 + π₯ = 3 • Ex: log 5 π₯ 2 − 11 = 2 • Ex: log 3 (π₯ − 8) = log 3 (π₯ 2 − 14) • Ex: log π₯ (−5π₯ 2 + 9π₯ + 45) = 3 Common Logarithm • The most basic form of a logarithm: • log π₯ = log10 π₯ • If the log does not have a specified base, it is assumed to be a base 10 log. • Your calculator will only do base 10 logarithms! NATURAL LOGARITHMS!!!!!!!!! • Just like there was a natural exponential function “e”, we also have a natural logarithmic function! YES! • ln π₯ = log π π₯ ππ ππππ ππ π₯ > 0 • Just like exponential functions and logarithms are inverses, the natural exponent and natural log are inverses!!! • Ex: ln π₯ = 2 πππ ππ πππ€πππ‘π‘ππ ππ π 2 = π₯ Blue Table on Page 356 • These are four properties of logarithms you should know, as well as: • If π¦ = ππ π₯ , then π¦ = ππ π₯βln π • Ex: Convert 5 β 3 π₯ to a base e expression. Homework: • Pages 359 – 360 • #’s 2, 4, 10, 12, 14, 16 – 32 evens Bell Work: • Be ready to ask questions on the homework! • If not, begin working on the following assignment which is due Monday! (It will be collected!) • Pages 359 – 360 #’s 1, 3, 13 – 31 odds Bell Work: • Solve: • 1) log 9 27 = π₯ • 2) 5π ln π₯ = 45 • 3) π π₯ ln 5 = 0.04 • 4) Solve for t. 100 = 200π −0.05π‘ • 5) Solve for k. 40 = 160(10)1.5π Graphing Logarithms • Lets create a table and sketch the graphs of the following: • π¦ = log 3 π₯ • π¦ = log 2 π₯ • π¦ = ln π₯ (graphing calculator) • What do you notice about these graphs compared to exponential functions? Shifting/Reflecting • The graphs of logarithms behave just like any other functions. • Lets sketch the graphs of some functions that will shift and/or reflect. Class Examples: • Pages 362 – 363 #’s 52, 54, 60, 66, 70 Homework: • Page 360 #’s 51 - 69 odds Bell Work: • The current population of Bloomsburg in 2015 is approximately 12,000. It is projected to grow continuously in the future at a rate of 1.85%. How long will it take for the population of Bloomsburg to double in size? LESSON 5.4 Properties of Logarithms Lesson Essential Question • What are the different properties of logarithms and how are they used when simplifying exponential and/or logarithmic expressions? Three More Properties of Logarithms • ORANGE TABLE ON PAGE 364 • These properties hold true for the common logarithm and the natural logarithm. (Blue Table Page 365) Examples: • Using the laws of logarithms, rewrite the expression using logs of x, y, or z. • Ex: log π π₯ 5 π¦ • Ex: π₯4 log π 10 π¦ • Ex: ln 3 π₯4 π¦2π§ 3 Examples: • Using the properties of logarithms, rewrite each expression as one logarithm. • Ex: 1 log π 3 • Ex: 1 log π (π₯ 2 3 π₯ − 2 log π π¦ − 1) − 3 log π π¦ − log π π§ Solving Logarithmic Equations: • Solve each logarithmic equation. Double check to make sure the solution you found is in fact a solution! • Ex: log 7 (8π₯ − 12) = log 7 2π₯ + log 7 5 • Ex: log 4 π₯ + log 4 (π₯ + 4) = log 4 12 • Ex: 2 ln π₯ − 2 − ln 4 = ln 25 • Ex: 3 ln π₯ = ln π 3 + ln 8 Homework: • Page 370 #’s 1-33 odds Bell Work: • Get out your homework from last night: • Page 370 1-33 odds • Be ready to ask questions! Quiz Tomorrow: • LOGARITHMS! • (remember that to answer some logarithmic problems you • • • • • need to know how to change to exponential form) On the quiz: Solving Logarithms Word Problems Properties of Logarithms WORD PROBLEMS!!! Class Work: • Pages 370 – 371 #’s 6, 8, 10, 12, 14, 18, 20, 22, 26, 34, 51, 52, 53, 54, 56 Bell Work: • 1) Armaan invests $25,000 into a mutual fund that has a continuously compounded interest rate of 4.75%. How long will it take for Armaan to triple his investment? • 2) Solve: ln 25 = ln 5 + ln 1 − 0.4β • 3) Solve: 2 log(π₯ − 5) − log 2 = log 32 LESSON 5.5 Exponential and Logarithmic Equations Lesson Essential Question • How can we change the bases of logarithmic and exponential functions, and how do we use the special base formulas? Example: • Solve: 4 π₯ = 20 • We can rewrite this in logarithmic form, but we still can’t solve it. Or can we????????? Change of Base Formula: • log π π’ = logπ π’ logπ π • We can rewrite a logarithm with a “difficult” base as a quotient of two common logarithms or two natural logs. log 10 ln 10 • Ex: log 5 10 = = log 5 ln 5 • We can prove it! Examples: • Solve each equation for x first, then approximate each to two decimal places: • Ex: 3 π₯ = 18 • Ex: 42π₯−5 = 10 • Ex: 52π₯+1 = 6 π₯−2 Solving an Exponential Equation • This problem is off the hook yo!!!!!!!!!!!! • Ex: Solve for x, then approximate to the nearest 2 decimal places: 5π₯ −5−π₯ 2 =3 Homework: • Pages 381-382 #’s 1-31 odds only Bell Work: • Solve for x. •1= 10π₯ +10−π₯ 2 •5= 6π₯ +6−π₯ 3 Solving a Logarithmic Equation: • This pizzle is fo rizzle (ο LOL): • Ex: Solve: log 3 π₯= log π₯ Finding an inverse function: • Same type of problem that we solved in the bell work. • Example: Find the inverse function of π¦ = 2 π π₯ +π −π₯ • How could we use our graphing calculator to prove that the functions are indeed inverses? Example using the Logistic Curve • A logistic curve is the graph of an equation in the form: •π¦= π , 1+ππ −ππ₯ where b, c, and k are constants, x represents • the time, and y is the population. • Example: Assume c = 1.1244, k = 105, and x will be the time in days. • A) Find the value of b if the initial population was 3. • B) How long will it take the population to reach 90? • C) Show that after a long period of time, the population of this curve will become the constant k. Class Work/Homework: • Pages 381-383 #’s 33 – 39 odds 49, 53b, 54, 55, 56a, 56c, 57 • If you need extra practice, try the evens (2 – 40) Unit Test • Thursday and Friday we will be having our Unit 5 Test on exponential and logarithmic functions. • Here is a group of review exercises to try: • Pages 385 – 387 • #’s 17 – 40, 45 and 46 (just find the inverse), • 47 – 55, 58, 61, 62, 66, 67