Transcript Slide 1
5
Exponential and Logarithmic Functions
Exponential Functions
Logarithmic Functions
Compound Interest
Differentiation of Exponential Functions
Exponential Functions as Mathematical Models
5.1
Exponential Functions
y
4
f(x) = 2x
2
f(x) = (1/2)x
–2
x
2
Exponential Function
The function defined by
f ( x) b x
(b 0, b 1)
is called an exponential function with base b
and exponent x.
The domain of f is the set of all real numbers.
Example
The exponential function with base 2 is the function
f ( x) 2 x
with domain (– , ).
Find the values of f(x) for selected values of x follow:
f (3) 23 8
3
f 23/2 2 21/2 2 2
2
f (0) 20 1
Example
The exponential function with base 2 is the function
f ( x) 2 x
with domain (– , ).
Find the values of f(x) for selected values of x follow:
1
f ( 1) 2
2
1
2 2 2/3 1 1
f
2/3
3
2
3
4
Laws of Exponents
Let a and b be positive numbers and let x
and y be real numbers. Then,
1. b x b y b x y
x
b
2. y b x y
b
3.
b
4.
ab
x
y
b xy
x
a xb x
x
x
a
a
5. x
b
b
Examples
Let f(x) = 2
2x – 1
. Find the value of x for which f(x) = 16.
Solution
We want to solve the equation
22x – 1 = 16 = 24
But this equation holds if and only if
5
giving x =
.
2
Example 2, page 331
2x – 1 = 4
Examples
Sketch the graph of the exponential function f(x) = 2x.
Solution
First, recall that the domain of this function is the set of
real numbers.
Next, putting x = 0 gives y = 20 = 1, which is the y-intercept.
(There is no x-intercept, since there is no value of x for
which y = 0)
Example 3, page 331
Examples
Sketch the graph of the exponential function f(x) = 2x.
Solution
Now, consider a few values for x:
x
–5
–4
–3
–2
–1
0
1
2
3
4
5
y
1/32 1/16
1/8
1/4
1/2
1
2
4
8
16
32
Note that 2x approaches zero as x decreases without bound:
✦ There is a horizontal asymptote at y = 0.
Furthermore, 2x increases without bound when x increases
without bound.
Thus, the range of f is the interval (0, ).
Example 3, page 331
Examples
Sketch the graph of the exponential function f(x) = 2x.
Solution
Finally, sketch the graph:
y
4
f(x) = 2x
2
–2
Example 3, page 331
x
2
Examples
Sketch the graph of the exponential function f(x) = (1/2)x.
Solution
First, recall again that the domain of this function is the
set of real numbers.
Next, putting x = 0 gives y = (1/2)0 = 1, which is the
y-intercept.
(There is no x-intercept, since there is no value of x for
which y = 0)
Example 4, page 332
Examples
Sketch the graph of the exponential function f(x) = (1/2)x.
Solution
Now, consider a few values for x:
x
–5
–4
–3
–2
–1
0
1
2
3
y
32
16
8
4
2
1
1/2
1/4
1/8
4
5
1/16 1/32
Note that (1/2)x increases without bound when x decreases
without bound.
Furthermore, (1/2)x approaches zero as x increases without
bound: there is a horizontal asymptote at y = 0.
As before, the range of f is the interval (0, ).
Example 4, page 332
Examples
Sketch the graph of the exponential function f(x) = (1/2)x.
Solution
Finally, sketch the graph:
y
4
2
f(x) = (1/2)x
–2
Example 4, page 332
x
2
Examples
Sketch the graph of the exponential function f(x) = (1/2)x.
Solution
Note the symmetry between the two functions:
y
4
f(x) = 2x
2
f(x) = (1/2)x
–2
Example 4, page 332
x
2
Properties of Exponential Functions
The exponential function y = bx (b > 0, b ≠ 1) has
the following properties:
1. Its domain is (– , ).
2. Its range is (0, ).
3. Its graph passes through the point (0, 1)
4. It is continuous on (– , ).
5. It is increasing on (– , ) if b > 1 and
decreasing on (– , ) if b < 1.
The Base e
Exponential functions to the base e, where e is an
irrational number whose value is 2.7182818…, play an
important role in both theoretical and applied problems.
It can be shown that
m
1
e lim 1
m
m
Examples
Sketch the graph of the exponential function f(x) = ex.
Solution
Since ex > 0 it follows that the graph of y = ex is similar to the
graph of y = 2x.
Consider a few values for x:
x
–3
–2
–1
0
1
2
3
y
0.05
0.14
0.37
1
2.72
7.39
20.09
Example 5, page 333
Examples
Sketch the graph of the exponential function f(x) = ex.
Solution
Sketching the graph:
y
f(x) = ex
5
3
1
–3
Example 5, page 333
–1
x
1
3
Examples
Sketch the graph of the exponential function f(x) = e–x.
Solution
Since e–x > 0 it follows that 0 < 1/e < 1 and so
f(x) = e–x = 1/ex = (1/e)x is an exponential function with
base less than 1.
Therefore, it has a graph similar to that of y = (1/2)x.
Consider a few values for x:
x
y
Example 6, page 333
–3
–2
–1
0
1
2
3
20.09 7.39
2.72
1
0.37
0.14
0.05
Examples
Sketch the graph of the exponential function f(x) = e–x.
Solution
Sketching the graph:
y
5
3
1
–3
Example 6, page 333
–1
f(x) = e–x
x
1
3
5.2
Logarithmic Functions
y
y = ex
y=x
y = ln x
1
1
x
Logarithms
We’ve discussed exponential equations of the form
y = bx
(b > 0, b ≠ 1)
But what about solving the same equation for y?
You may recall that y is called the logarithm of x to the
base b, and is denoted logbx.
✦ Logarithm of x to the base b
y = logbx if and only if x = by
(x > 0)
Examples
Solve log3x = 4 for x:
Solution
By definition, log3x = 4 implies x = 34 = 81.
Example 2, page 338
Examples
Solve log164 = x for x:
Solution
log164 = x is equivalent to 4 = 16x = (42)x = 42x, or 41 = 42x,
from which we deduce that
2x 1
1
x
2
Example 2, page 338
Examples
Solve logx8 = 3 for x:
Solution
By definition, we see that logx8 = 3 is equivalent to
8 23 x 3
x2
Example 2, page 338
Logarithmic Notation
log x = log10 x
ln x = loge x
Common logarithm
Natural logarithm
Laws of Logarithms
If m and n are positive numbers, then
1. logb mn logb m logb n
m
2. logb logb m logb n
n
3. logb mn n logb m
4. logb 1 0
5. logb b 1
Examples
Given that log 2 ≈ 0.3010, log 3 ≈ 0.4771, and log 5 ≈ 0.6990,
use the laws of logarithms to find
log15 log 3 5
log 3 log5
0.4771 0.6990
1.1761
Example 4, page 339
Examples
Given that log 2 ≈ 0.3010, log 3 ≈ 0.4771, and log 5 ≈ 0.6990,
use the laws of logarithms to find
log 7.5 log(15 / 2)
log(3 5 / 2)
log 3 log5 log 2
0.4771 0.6990 0.3010
0.8751
Example 4, page 339
Examples
Given that log 2 ≈ 0.3010, log 3 ≈ 0.4771, and log 5 ≈ 0.6990,
use the laws of logarithms to find
log81 log 34
4 log 3
4(0.4771)
1.9084
Example 4, page 339
Examples
Given that log 2 ≈ 0.3010, log 3 ≈ 0.4771, and log 5 ≈ 0.6990,
use the laws of logarithms to find
log50 log 5 10
log 5 log10
0.6990 1
1.6990
Example 4, page 339
Examples
Expand and simplify the expression:
log3 x 2 y 3 log3 x 2 log3 y 3
2 log3 x 3log3 y
Example 5, page 340
Examples
Expand and simplify the expression:
x2 1
log 2 x log 2 x 2 1 log 2 2 x
2
log 2 x 2 1 x log 2 2
log 2 x 2 1 x
Example 5, page 340
Examples
Expand and simplify the expression:
x 2 ( x 2 1)1/2
x2 x2 1
ln
ln
x
ex
e
ln x 2 ln( x 2 1)1/2 ln e x
1
2 ln x ln( x 2 1) x ln e
2
1
2 ln x ln( x 2 1) x
2
Example 5, page 340
Logarithmic Function
The function defined by
f ( x) logb x
(b 0), b 1)
is called the logarithmic function with base b.
The domain of f is the set of all positive numbers.
Properties of Logarithmic Functions
The logarithmic function
y = logbx
(b > 0, b ≠ 1)
has the following properties:
1. Its domain is (0, ).
2. Its range is (– , ).
3. Its graph passes through the point (1, 0).
4. It is continuous on (0, ).
5. It is increasing on (0, ) if b > 1
and decreasing on (0, ) if b < 1.
Example
Sketch the graph of the function y = ln x.
Solution
We first sketch the graph of y = ex.
The required graph is
the mirror image of the
y
x
graph of y = e with
respect to the line y = x:
y = ex
y=x
y = ln x
1
1
Example 6, page 341
x
Properties Relating
Exponential and Logarithmic Functions
Properties relating ex and ln x:
eln x = x
ln ex = x
(x > 0)
(for any real number x)
Examples
Solve the equation 2ex + 2 = 5.
Solution
Divide both sides of the equation by 2 to obtain:
5
x 2
e 2.5
2
Take the natural logarithm of each side of the equation
and solve:
ln e x 2 ln 2.5
( x 2) ln e ln 2.5
x 2 ln 2.5
x 2 ln 2.5
x 1.08
Example 7, page 342
Examples
Solve the equation 5 ln x + 3 = 0.
Solution
Add – 3 to both sides of the equation and then divide both
sides of the equation by 5 to obtain:
5ln x 3
3
ln x 0.6
5
and so:
eln x e 0.6
x e 0.6
x 0.55
Example 8, page 343
5.3
Compound Interest
A1 P(1 i )
2
Second Period: A2 A1 (1 i ) [ P(1 i )](1 i ) P(1 i )
2
3
Third Period: A3 A2 (1 i ) [ P(1 i ) ](1 i ) P(1 i )
nth Period:
An An 1 (1 i ) [ P(1 i )n 1 ](1 i ) P(1 i )n
First Period:
Compound Interest
Compound interest is a natural application of the
exponential function to business.
Recall that simple interest is interest that is computed only
on the original principal.
Thus, if I denotes the interest on a principal P (in dollars)
at an interest rate of r per year for t years, then we have
I = Prt
The accumulated amount A, the sum of the principal and
interest after t years, is given by
A P I P Prt
P(1 rt )
Simple interest formula
Compound Interest
Frequently, interest earned is periodically added to the
principal and thereafter earns interest itself at the same
rate. This is called compound interest.
Suppose $1000 (the principal) is deposited in a bank for a
term of 3 years, earning interest at the rate of 8% per year
compounded annually.
Using the simple interest formula we see that the
accumulated amount after the first year is
A1 P(1 rt )
1000[1 0.08(1)]
1000(1.08) 1080
or $1080.
Compound Interest
To find the accumulated amount A2 at the end of the
second year, we use the simple interest formula again, this
time with P = A1, obtaining:
A2 P(1 rt ) A1 (1 rt )
1000[1 0.08(1)][1 0.08(1)]
1000(1 0.08)2 1000(1.08)2 1166.40
or approximately $1166.40.
Compound Interest
We can use the simple interest formula yet again to find
the accumulated amount A3 at the end of the third year:
A3 P (1 rt ) A2 (1 rt )
1000[1 0.08(1)]2 [1 0.08(1)]
1000(1 0.08)3 1000(1.08)3 1259.71
or approximately $1259.71.
Compound Interest
Note that the accumulated amounts at the end of each year
have the following form:
A1 1000(1.08)
A2 1000(1.08) 2
A1 P (1 r )
or:
A3 1000(1.08) 3
A2 P (1 r ) 2
A3 P (1 r ) 3
These observations suggest the following general rule:
✦ If P dollars are invested over a term of t years earning
interest at the rate of r per year compounded annually,
then the accumulated amount is
A P(1 r)t
Compounding More Than Once a Year
The formula
A P(1 r)t
was derived under the assumption that interest was
compounded annually.
In practice, however, interest is usually compounded more
than once a year.
The interval of time between successive interest
calculations is called the conversion period.
Compounding More Than Once a Year
If interest at a nominal a rate of r per year is compounded
m times a year on a principal of P dollars, then the simple
interest rate per conversion period is
i
r
m
Annual interest rate
Periods per year
For example, the nominal interest rate is 8% per year, and
interest is compounded quarterly, then
r 0.08
i
0.02
m
4
or 2% per period.
Compounding More Than Once a Year
To find a general formula for the accumulated amount, we
apply
A P(1 r)t
repeatedly with the interest rate i = r/m.
We see that the accumulated amount at the end of each
period is as follows:
A1 P(1 i )
2
Second Period: A2 A1 (1 i ) [ P(1 i )](1 i ) P(1 i )
2
3
Third Period: A3 A2 (1 i ) [ P(1 i ) ](1 i ) P(1 i )
nth Period:
An An 1 (1 i ) [ P(1 i )n 1 ](1 i ) P(1 i )n
First Period:
Compound Interest Formula
There are n = mt periods in t years, so the accumulated
amount at the end of t year is given by
r
A P 1
m
mt
where
A = Accumulated amount at the end of t years
P = Principal
r = Nominal interest rate per year
m = Number of conversion periods per year
t = Term (number of years)
Example
Find the accumulated amount after 3 years if $1000 is
invested at 8% per year compounded
a. Annually
b. Semiannually
c. Quarterly
d. Monthly
e. Daily
Example 1, page 347
Example
Solution
a. Annually.
Here, P = 1000, r = 0.08, m = 1, and t = 3, so
r
A P 1
m
mt
0.08
1000 1
1
1000(1.08)3
1259.71
or $1259.71.
Example 1, page 347
(1)(3)
Example
Solution
b. Semiannually.
Here, P = 1000, r = 0.08, m = 2, and t = 3, so
r
A P 1
m
mt
0.08
1000 1
2
1000(1.04)6
1265.32
or $1265.32.
Example 1, page 347
(2)(3)
Example
Solution
c. Quarterly.
Here, P = 1000, r = 0.08, m = 4, and t = 3, so
r
A P 1
m
mt
0.08
1000 1
4
1000(1.02)12
1268.24
or $1268.24.
Example 1, page 347
(4)(3)
Example
Solution
d. Monthly.
Here, P = 1000, r = 0.08, m = 12, and t = 3, so
r
A P 1
m
mt
(12)(3)
0.08
1000 1
12
1000(1.00667)36
1270.24
or $1270.24.
Example 1, page 347
Example
Solution
e. Daily.
Here, P = 1000, r = 0.08, m = 365, and t = 3, so
r
A P 1
m
mt
0.08
1000 1
365
(365)(3)
1000(1.00022)1095
1271.22
or $1271.22.
Example 1, page 347
Effective Rate of Interest
The last example demonstrates that the interest actually
earned on an investment depends on the frequency with
which the interest is compounded.
For clarity when comparing interest rates, we can use
what is called the effective rate (also called the true rate):
✦ This is the simple interest rate that would produce the
same accumulated amount in 1 year as the nominal rate
compounded m times a year.
We want to derive a relation between the nominal
compounded rate and the effective rate.
Effective Rate of Interest
The accumulated amount after 1 year at a simple interest
rate reff per year is
A P(1 reff )
The accumulated amount after 1 year at a nominal interest
rate r per year compounded m times a year is
r
A P 1
m
Equating the two expressions gives
m
r
P (1 reff ) P 1
m
r
1 reff 1
m
m
Since t = 1
m
Effective Rate of Interest Formula
Solving the last equation for reff we obtain the formula for
computing the effective rate of interest:
m
r
reff 1 1
m
where
reff = Effective rate of interest
r = Nominal interest rate per year
m = Number of conversion periods per year
Example
Find the effective rate of interest corresponding to a
nominal rate of 8% per year compounded
a. Annually
b. Semiannually
c. Quarterly
d. Monthly
e. Daily
Example 2, page 350
Example
Solution
a. Annually.
Let r = 0.08 and m = 1. Then
1
0.08
reff 1
1
1
1.08 1
0.08
or 8%.
Example 2, page 350
Example
Solution
b. Semiannually.
Let r = 0.08 and m = 2. Then
2
0.08
reff 1
1
2
1.0816 1
0.0816
or 8.16%.
Example 2, page 350
Example
Solution
c. Quarterly.
Let r = 0.08 and m = 4. Then
4
0.08
reff 1
1
4
1.08243 1
0.08243
or 8.243%.
Example 2, page 350
Example
Solution
d. Monthly.
Let r = 0.08 and m = 12. Then
12
0.08
reff 1
1
12
1.083 1
0.083
or 8.3%.
Example 2, page 350
Example
Solution
e. Daily.
Let r = 0.08 and m = 365. Then
365
0.08
reff 1
1
365
1.08328 1
0.08328
or 8.328%.
Example 2, page 350
Effective Rate Over Several Years
If the effective rate of interest reff is known,
then the accumulated amount after t years on
an investment of P dollars may be more readily
computed by using the formula
A P(1 reff )t
Present Value
Consider the compound interest formula:
r
A P 1
m
mt
The principal P is often referred to as the present value,
and the accumulated value A is called the future value,
since it is realized at a future date.
On occasion, an investor may wish to determine how much
money he should invest now, at a fixed rate of interest, so
that he will realize a certain sum at some future date.
This problem may be solved by expressing P in terms of A.
Present Value
Present value formula for compound interest
r
P A 1
m
mt
Examples
How much money should be deposited in a bank paying a
yearly interest rate of 6% compounded monthly so that
after 3 years the accumulated amount will be $20,000?
Solution
Here, A = 20,000, r = 0.06, m = 12, and t = 3.
Using the present value formula we get
r
P A 1
m
mt
0.06
20,000 1
12
16,713
Example 3, page 351
(12)(3)
Examples
Find the present value of $49,158.60 due in 5 years at an
interest rate of 10% per year compounded quarterly.
Solution
Here, A = 49,158.60, r = 0.1, m = 4, and t = 5.
Using the present value formula we get
r
P A 1
m
mt
0.1
49,158.6 1
4
30,000
Example 4, page 350
(4)(5)
Continuous Compounding of Interest
One question arises on compound interest:
✦ What happens to the accumulated amount over a fixed
period of time if the interest is compounded more and
more frequently?
We’ve seen that the more often interest is compounded,
the larger the accumulated amount.
But does the accumulated amount approach a limit when
interest is computed more and more frequently?
Continuous Compounding of Interest
Recall that in the compound interest formula
r
A P 1
m
mt
the number of conversion periods is m.
So, we should let m get larger and larger (approach
infinity) and see what happens to the accumulated
amount A.
But first, for clarity, lets rewrite the equation as follows:
r
A P 1
m
m t
Continuous Compounding of Interest
Letting m → , we find that
r
lim P 1
m
m
m t
r
P
lim
1
m
m
m t
We can substitute u = m/r (note that u → as m → ).
Thus
1
P lim 1
u u
ur
t
1
1
P ulim
u
u
rt
Continuous Compounding of Interest
Now, you may recall that
u
1
lim 1 e
u
u
So, we can restate as follows:
1
P lim 1
u u
u
rt
rt
Pe
Thus, as the frequency with which interest is compounded
increases without bound, the accumulated amount
approaches Pert.
Continuous Compounding of Interest
Continuous Compound Interest Formula
A = Pert
where
P = Principal
r = Annual interest rate compounded
continuously.
t = Time in years.
A = Accumulated amount at the end
of t years.
Examples
Find the accumulated amount after 3 years if $1000 is
invested at 8% per year compounded (a) daily, and
(b) continuously.
Solution
a. Using the compound interest formula with P = 1000,
r = 0.08, m = 365, and t = 3, we find
mt
r
0.08
A P 1 1000 1
m
365
(365)(3)
1271.22
b. Using the continuous compound interest formula with
P = 1000, r = 0.08, and t = 3, we find
A = Pert = 1000e(0.08)(3) ≈ 1271.25
Note that both solutions are very similar.
Example 5, page 352
Examples
How long will it take $10,000 to grow to $15, 000 if the
investment earns an interest rate of 12% per year
compounded quarterly?
Solution
Using the compound interest formula with A = 15,000,
P = 10,000, r = 0.12, and m = 4, we obtain
0.12
15,000 10,000 1
4
15,000
4t
(1.03)
1.5
10,000
Example 7, page 354
4t
Examples
How long will it take $10,000 to grow to $15, 000 if the
investment earns an interest rate of 12% per year
compounded quarterly?
Solution
Taking logarithms on both sides gives
ln(1.03) 4 t ln1.5
4t ln1.03 ln1.5
ln1.5
t
4 ln1.03
t 3.43
So, it will take approximately 3.4 years for the investment
to grow from $10,000 to $15,000.
Example 7, page 354
Examples
Find the interest rate needed for an investment of $10,000
to grow to an amount of $18,000 in 5 years if the interest is
compounded monthly.
Solution
Using the compound interest formula with A = 18,000,
P = 10,000, m = 12, and t = 5, we find
r
A P 1
m
mt
r
18,000 10,000 1
12
60
r
18,000
1.8
1
10,000
12
Example 8, page 355
(12)(5)
Examples
Find the interest rate needed for an investment of $10,000
to grow to an amount of $18,000 in 5 years if the interest is
compounded monthly.
Solution
Taking the 60th root on both sides and solving for r we get
60
r
1 1.8
12
r 60
1
1.8
12
r 60
1.8 1
12
r 12
Example 8, page 355
60
1.8 1 0.009796
Examples
Find the interest rate needed for an investment of $10,000
to grow to an amount of $18,000 in 5 years if the interest is
compounded monthly.
Solution
Converting back into an exponential equation,
1
r
e0.009796
12
1.009844
and
r
1.009844 1
12
r 0.1181
Thus, the interest rate needed is approximately 11.81% per
year.
Example 8, page 355
5.4
Differentiation of the Exponential Function
y
1
2
1/2
, e 1/2
1
1
2
1/2
, e 1/2
f ( x) exx
22
x
–1
1
Rule 1
Derivative of the Exponential Function
The derivative of the exponential function with
base e is equal to the function itself:
d x
e ex
dx
Examples
Find the derivative of the function f ( x) x e
2 x
Solution
Using the product rule gives
d 2 x
2 d
x
x d
x
e
x
e
e
x2
dx
dx
dx
x 2e x e x (2 x )
f ( x )
xe x ( x 2)
Example 1, page 362
Examples
Find the derivative of the function g (t ) e 2
Solution
Using the general power rule gives
1/2 d
3 t
g (t ) e 2
et 2
2
dt
1/2 t
3 t
e 2 e
2
1/2
3 t t
e e 2
2
Example 1, page 362
t
3/2
Rule 2
Chain Rule for Exponential Functions
If f(x) is a differentiable function, then
d f ( x)
f ( x)
e
e
f ( x )
dx
Examples
Find the derivative of the function f ( x ) e
Solution
d
f ( x ) e
2x
dx
e 2 x (2)
2x
2e 2 x
Example 2, page 363
2x
Examples
Find the derivative of the function y e
Solution
dy
3 x d
e
( 3x )
dx
dx
e 3 x ( 3)
3e 3 x
Example 2, page 363
3x
Examples
Find the derivative of the function
g(t ) e
Solution
g (t ) e
2 t 2 t
d
2t 2 t
dt
(4t 1)e
Example 2, page 363
2 t 2 t
2t 2 t
Examples
Find the derivative of the function
y xe2x
Solution
dy
d 2 x
2 x d
x e e
x
dx
dx
dx
d
x e 2 x 2 x e 2 x (1)
dx
xe 2 x ( 2) e 2 x
2 xe 2 x e 2 x
e 2 x (1 2 x )
Example 3, page 363
Examples
et
Find the derivative of the function g (t ) t
e et
Solution
t
t d
t
t d
t
t
e
e
e
e
e
e
dt dt
g (t )
t
t 2
e e
e
Example 4, page 364
t
e t et et et e t
e
t
e
e2t 1 e2t 1
e
e
t
e
2
t
e
t 2
t 2
t 2
Examples
Find the inflection points of the function
f ( x) e
x2
Solution
Find the first and second derivatives of f :
f ( x ) 2 xe
x2
f ( x ) ( 2 x )( 2 xe
2e
x2
x2
) 2e
x2
(2 x 2 1)
Setting f″ = 0 gives e– x = 0, and 2x2 – 1 = 0.
2
Since e– x never equals zero for any real value of x, the only
2
candidates for inflection points of f are
x 1/ 2
Testing values around these numbers we conclude that they
are indeed inflection points.
Example 6, page 364
Examples
Find the inflection points of the function
f ( x) e
x2
Solution
y
1
2
, e 1/2
1
1
2
, e 1/2
f ( x) e
x2
x
–1
Example 6, page 364
1
5.5
Differentiation of Logarithmic Functions
y x 2 ( x 1)( x 2 4)3
ln y ln[ x 2 ( x 1)( x 2 4)3 ]
ln( x 2 ) ln( x 1) ln( x 2 4)3
2 ln x ln( x 1) 3ln( x 2 4)
Rule 3
Derivative of the Natural Logarithm
The derivative of ln x is
d
1
ln x
dx
x
( x 0)
Examples
Find the derivative of the function f ( x) x ln x
Solution
d
d
f ( x ) x (ln x ) ln x ( x )
dx
dx
1
x ln x (1)
x
1 ln x
Example 1, page 372
Examples
Find the derivative of the function g ( x )
Solution
d
d
(ln x ) ln x ( x )
dx
g ( x ) dx
x2
1
x ln x (1)
x
x2
1 ln x
x2
x
Example 1, page 372
ln x
x
Rule 4
Chain Rule for Logarithmic Functions
If f(x) is a differentiable function, then
d
f ( x )
ln f ( x)
dx
f ( x)
[ f ( x ) 0]
Examples
Find the derivative of the function f ( x) ln( x 1)
2
Solution
d 2
x 1
f ( x ) dx 2
x 1
2x
2
x 1
Example 2, page 373
Examples
Find the derivative of the function y ln[( x 2 1)( x3 2)6 ]
Solution
y ln[( x 2 1)( x 3 2)6 ]
ln( x 2 1) ln( x 3 2)6
ln( x 2 1) 6ln( x 3 2)
d 2
d 3
( x 1)
( x 2)
dy dx
dx
6
dx
x2 1
x3 2
2x
3x 2
2
6 3
x 1
x 2
2x
18 x 2
2
3
x 1 x 2
Example 3, page 373
Logarithmic Differentiation
We have seen how finding derivatives of logarithmic
functions becomes easier when applying the laws of
logarithms.
These laws can also be used in a process called logarithmic
differentiation to permit the differentiation of functions
that would be difficult to differentiate or even not be
differentiable through other means.
Examples
Use logarithmic differentiation to find the derivative of
y x( x 1)( x 2 1)
Solution
Take the natural logarithm of both sides of the equation:
ln y ln[ x( x 1)( x2 1)]
Use the laws of logarithms to rewrite the equation:
ln y ln( x) ln( x 1) ln( x 2 1)
Differentiate both sides of the equation:
d
d
d
d
ln y ln( x ) ln( x 1) ln( x 2 1)
dx
dx
dx
dx
1
1
2x
2
x x 1 x 1
Example 5, page 374
Examples
Use logarithmic differentiation to find the derivative of
y x( x 1)( x 2 1)
Solution
On the left side, note that y is a function of x, therefore:
y f ( x)
ln y ln[ f ( x )]
d
d
ln y ln[ f ( x )]
dx
dx
f ( x )
f ( x)
y
y
Example 5, page 374
Examples
Use logarithmic differentiation to find the derivative of
y x( x 1)( x 2 1)
Solution
Thus, we have:
d
ln y
dx
y
y
Example 5, page 374
1
x
1
x
1
x 1
1
x 1
2x
x2 1
2x
x2 1
Examples
Use logarithmic differentiation to find the derivative of
y x( x 1)( x 2 1)
Solution
Finally, solving for y′ we get:
1
2x
1
y y
2
x
x
1
x
1
1
2x
1
x( x 1)( x 2 1)
2
x
x
1
x
1
Example 5, page 374
Logarithmic Differentiation
To find dy/dx by logarithmic differentiation:
1. Take the natural logarithm on both sides of the
equation and use the properties of logarithms
to write any “complicated expression” as a sum
of simpler terms.
2. Differentiate both sides of the equation with
respect to x.
3. Solve the resulting equation for dy/dx.
Examples
Use logarithmic differentiation to find the derivative of
y x 2 ( x 1)( x 2 4)3
Solution
1. Take the natural logarithm of both sides of the equation
and use the laws of logarithms to rewrite the equation:
ln y ln[ x 2 ( x 1)( x 2 4)3 ]
ln( x 2 ) ln( x 1) ln( x 2 4)3
2 ln x ln( x 1) 3ln( x 2 4)
Example 6, page 375
Examples
Use logarithmic differentiation to find the derivative of
y x 2 ( x 1)( x 2 4)3
Solution
2. Differentiate both sides of the equation:
d
d
d
d
ln y 2 ln x ln( x 1) 3 ln( x 2 4)
dx
dx
dx
dx
1
1
2x
2
3 2
x x 1
x 4
2
1
6x
2
x x 1 x 4
Example 6, page 375
Examples
Use logarithmic differentiation to find the derivative of
y x 2 ( x 1)( x 2 4)3
Solution
3. Solve for dy/dx:
d
ln y
dx
y
y
2
x
2
x
1
x 1
1
x 1
6x
x2 4
6x
x2 4
2
1
6x
y y
2
x
x
1
x
4
1
6x
2
2
32
x ( x 1)( x 4)
2
x x 1 x 4
Example 6, page 375
Examples
Use logarithmic differentiation to find the derivative of
f ( x) x x
( x 0)
Solution
1. Take the natural logarithm of both sides of the equation
and use the laws of logarithms to rewrite the equation:
ln f ( x ) ln x x
x ln x
Example 7, page 376
Examples
Use logarithmic differentiation to find the derivative of
f ( x) x x
( x 0)
Solution
2. Differentiate both sides of the equation:
d
d
d
ln f ( x ) x (ln x ) ln x ( x )
dx
dx
dx
1
x ln x (1)
x
1 ln x
Example 7, page 376
Examples
Use logarithmic differentiation to find the derivative of
f ( x) x x
( x 0)
Solution
3. Solve for dy/dx:
d
ln f ( x ) 1 ln x
dx
f ( x )
1 ln x
f ( x)
f ( x) f ( x)(1 ln x)
x x (1 ln x)
Example 7, page 376
5.6
Exponential Functions as Mathematical Models
1. Growth of bacteria
2. Radioactive decay
3. Assembly time
Applied Example: Growth of Bacteria
Under a laboratory, the number of bacteria in a culture
grows according to
Q(t ) Q0ekt
where Q0 denotes the number of bacteria initially present
in the culture, k is a constant determined by the strain of
bacteria under consideration, and t is the elapsed time
measured in hours.
Suppose 10,000 bacteria are present initially in the culture
and 60,000 present two hours later.
a. How many bacteria will there be in the culture at the
end of four hours?
b. What is the rate of growth of the population after four
hours?
Applied Example 1, page 380
Applied Example: Growth of Bacteria
Solution
a. We are given that Q(0) = Q0 = 10,000, so Q(t) = 10,000ekt.
At t = 2 there are 60,000 bacteria, so Q(2) = 60,000, thus:
Q (t ) Q0e kt
60,000 10,000e 2 k
e2k 6
Taking the natural logarithm on both sides we get:
ln e2 k ln 6
2k ln 6
k 0.8959
So, the number of bacteria present at any time t is given by:
Q(t ) 10,000e0.8959t
Applied Example 1, page 380
Applied Example: Growth of Bacteria
Solution
a. At the end of four hours (t = 4), there will be
Q(4) 10,000e0.8959(4)
360,029
or 360,029 bacteria.
Applied Example 1, page 380
Applied Example: Growth of Bacteria
Solution
b. The rate of growth of the bacteria at any time t is given by
Q(t ) kQ(t )
Using the result from part (a), we find that the rate of
bacterial growth at the end of four hours is
Q(4) kQ (4)
(0.8959)(360,029)
322,550
or approximately 322,550 bacteria per hour.
Applied Example 1, page 380
Applied Example: Radioactive Decay
Radioactive substances decay exponentially.
For example, the amount of radium present at any time t
obeys the law
Q(t ) Q0ekt
(0 t )
where Q0 is the initial amount present and k is a suitable
positive constant.
The half-life of a radioactive substance is the time required
for a given amount to be reduced by one-half.
The half-life of radium is approximately 1600 years.
Suppose initially there are 200 milligrams of pure radium.
a. Find the amount left after t years.
b. What is the amount after 800 years?
Applied Example 2, page 382
Applied Example: Radioactive Decay
Solution
a. The initial amount is 200 milligrams, so Q(0) = Q0 = 200, so
Q(t) = 200e–kt
The half-life of radium is 1600 years, so Q(1600) = 100, thus
100 200e 1600 k
1
1600 k
e
2
Applied Example 2, page 382
Applied Example: Radioactive Decay
Solution
a. Taking the natural logarithm on both sides yields:
1
ln e 1600 k ln
2
1
1600k ln e ln
2
1
1600k ln
2
1
1
k
ln 0.0004332
1600 2
Therefore, the amount of radium left after t years is:
Q(t ) 200e0.0004332t
Applied Example 2, page 382
Applied Example: Radioactive Decay
Solution
b. In particular, the amount of radium left after 800 years is:
Q(800) 200e0.0004332(800)
141.42
or approximately 141 milligrams.
Applied Example 2, page 382
Applied Example: Assembly Time
The Camera Division of Eastman Optical produces a single
lens reflex camera.
Eastman’s training department determines that after
completing the basic training program, a new, previously
inexperienced employee will be able to assemble
Q(t ) 50 30e0.5t
model F cameras per day, t months after the employee starts
work on the assembly line.
a. How many model F cameras can a new employee assemble
per day after basic training?
b. How many model F cameras can an employee with one
month of experience assemble per day?
c. How many model F cameras can the average experienced
employee assemble per day?
Applied Example 5, page 384
Applied Example: Assembly Time
Solution
a. The number of model F cameras a new employee can
assemble is given by
Q(0) 50 30 20
b. The number of model F cameras that an employee with
1, 2, and 6 months of experience can assemble per day is
given by
Q(1) 50 30e0.5(1) 31.80
or about 32 cameras per day.
c. As t increases without bound, Q(t) approaches 50.
Hence, the average experienced employee can be expected
to assemble 50 model F cameras per day.
Applied Example 5, page 384
End of
Chapter