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Exponential and Logarithmic Functions

Outcome 2: Exponential and Logarithmic Functions · Blueprint Pillar 3 · PGCC MAT-1350 (interim) · Download .docx

Objectives

Key terms

exponential function
f(x) = abˣ where b > 0, b ≠ 1; models processes that grow or decay by a constant multiplicative factor.
base b > 1
Exponential growth — the function increases as x increases.
base 0 < b < 1
Exponential decay — the function decreases as x increases.
natural exponential
f(x) = eˣ where e ≈ 2.718; arises in continuous compound interest and natural growth.
logarithm
logb(y) = x means bˣ = y; the inverse of the exponential function base b.
product rule
logb(MN) = logb(M) + logb(N).
quotient rule
logb(M/N) = logb(M) − logb(N).
power rule
logb(Mⁿ) = n · logb(M).
change of base
logb(x) = ln(x)/ln(b) — converts to natural log for computation.
continuous compounding
A(t) = Pe^(rt) — amount after time t at continuous rate r.

The concept

Exponential functions describe processes that change by multiplication rather than addition. Linear growth adds a constant each step: 5, 10, 15, 20. Exponential growth multiplies each step: 5, 10, 20, 40. The difference is dramatic over time — exponential processes start slowly but quickly dwarf linear ones. This is why pandemic spread, compound interest, and viral content follow exponential models.

The general form is f(x) = abˣ. The coefficient a is the initial value (f(0) = a). The base b is the growth factor. If b > 1, the function grows. If 0 < b < 1, the function decays. The natural exponential f(x) = eˣ uses Euler's number e ≈ 2.71828, which arises naturally when growth is continuous.

Logarithms are inverses of exponentials. logb(y) = x means 'b to the power x gives y.' This definition is the key to solving exponential equations: if 3ˣ = 81, write log₃(81) = x. Since 3⁴ = 81, x = 4. For bases without neat integer solutions, use the change-of-base formula: x = log(81)/log(3) = 1.908/0.477 ≈ 4. Calculators evaluate log (base 10) and ln (base e) directly.

Three logarithm properties are essential: the product rule (log of a product = sum of logs), the quotient rule (log of a quotient = difference of logs), and the power rule (log of a power = exponent times log). These properties mirror exponent rules — logs of multiplication become addition, logs of division become subtraction, logs of powers become multiplication.

Solving exponential equations: isolate the base, take log of both sides, use the power rule to bring the exponent down as a coefficient, solve for the variable. Solving logarithmic equations: isolate the log, convert to exponential form (rewrite logb(x) = c as bᶜ = x), then solve for the variable. Always check that the solution makes the argument of the log positive.

Blueprint Pillar 3 — Technology and Society: Exponential and logarithmic models appear in every STEM field. Richter scale (earthquakes), pH scale (chemistry), decibel scale (sound) — all use logarithms to compress wide ranges into manageable numbers. Compound interest, radioactive half-life, drug concentration in the body, population ecology — all use exponential models. Understanding these functions is essential for interpreting quantitative information in science, business, and public health.

Worked examples

Example 1: Solving 5ˣ = 200: take log of both sides: x log 5 = log 200. x = log(200)/log(5) = 2.301/0.699 ≈ 3.29. Check: 5^3.29 ≈ 5³ × 5^0.29 ≈ 125 × 1.6 ≈ 200. ✓
Example 2: Continuous compound interest: $1,000 at 6% compounded continuously for 10 years. A = 1000 · e^(0.06×10) = 1000 · e^0.6 ≈ 1000 × 1.822 ≈ $1,822. Compare to annual compounding: A = 1000(1.06)^10 ≈ $1,791. Continuous compounding yields slightly more.

Common mistakes

Self-check

Try each one before you look. A miss here costs nothing and tells you exactly what to reread.

1. Which expression equals log₄(64)?
2. Simplify: log(10⁵)
3. Solve for x: 2ˣ = 16
4. Which logarithm property justifies: log(x³) = 3log(x)?
5. Solve: log₂(x) = 5

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