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- Exponential and Logarithmic functions

Still Confused?

Try reviewing these fundamentals first

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Try reviewing these fundamentals first

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Get Started Now- Lesson: 14:12
- Lesson: 27:21

We now have a better understanding of how the compounding frequency will affect the amount we wish to grow or decay. But what if we are dealing with something, say, that compounds every minute, second, or even millisecond? This concept is also known as continuous compounding. In this section, we will see a slight variation of an exponential growth and decay formula that models continuous exponential growth/decay.

Related Concepts: Derivative of inverse trigonometric functions, Derivative of logarithmic functions

Continuous Growth/Decay: ${ A_f = A_i e^{rt}}$

${A_f}$: final amount

${A_i}$ : initial amount

${e }$ : constant = 2.718…

${r }$ : rate of growth/decay

• growth rate of 7% $\to {r = {7\over100} = 0.07}$

• growth rate of 15%$\to {r = - {15\over100} = - 0.15}$

${t }$ : total time given

${A_f}$: final amount

${A_i}$ : initial amount

${e }$ : constant = 2.718…

${r }$ : rate of growth/decay

• growth rate of 7% $\to {r = {7\over100} = 0.07}$

• growth rate of 15%$\to {r = - {15\over100} = - 0.15}$

${t }$ : total time given

- 1.On Aiden's 10-year-old birthday, he deposited $20 in a savings account that

offered an interest rate of 4% compounded continuously. How much money

will Aiden have in the account when he retires at the age of 60? - 2.A radioactive substance decays continuously. If the half-life of the substance

is 5 years, determine the rate of decay.

6.

Exponential and Logarithmic functions

6.1

Converting from logarithmic form to exponential form

6.2

Evaluating logarithms without calculator

6.3

Common logarithms

6.4

Evaluating logarithms using change-of-base formula

6.5

Converting from exponential form to logarithmic form

6.6

Product rule of logarithms

6.7

Quotient rule of logarithms

6.8

Combining product rule and quotient rule in logarithms

6.9

Solving logarithmic equations

6.10

Evaluating logarithms using logarithm rules

6.11

Continuous growth and decay

6.12

Finance: Compound interest

6.13

Exponents: Product rule $(a^x)(a^y)=a^{(x+y)}$

6.14

Exponents: Division rule ${a^x \over a^y}=a^{(x-y)}$

6.15

Exponents: Power rule $(a^x)^y = a^{(x\cdot y)}$

6.16

Exponents: Negative exponents

6.17

Exponents: Zero exponent: $a^0 = 1$

6.18

Exponents: Rational exponents

6.19

Graphing exponential functions

6.20

Graphing transformations of exponential functions

6.21

Finding an exponential function given its graph

6.22

Logarithmic scale: Richter scale (earthquake)

6.23

Logarithmic scale: pH scale

6.24

Logarithmic scale: dB scale

6.25

Finance: Future value and present value

We have over 830 practice questions in Precalculus for you to master.

Get Started Now6.1

Converting from logarithmic form to exponential form

6.2

Evaluating logarithms without calculator

6.3

Common logarithms

6.4

Evaluating logarithms using change-of-base formula

6.5

Converting from exponential form to logarithmic form

6.6

Product rule of logarithms

6.11

Continuous growth and decay

6.12

Finance: Compound interest

6.13

Exponents: Product rule $(a^x)(a^y)=a^{(x+y)}$

6.14

Exponents: Division rule ${a^x \over a^y}=a^{(x-y)}$

6.15

Exponents: Power rule $(a^x)^y = a^{(x\cdot y)}$

6.16

Exponents: Negative exponents

6.18

Exponents: Rational exponents

6.22

Logarithmic scale: Richter scale (earthquake)

6.23

Logarithmic scale: pH scale

6.24

Logarithmic scale: dB scale

6.25

Finance: Future value and present value