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If $5,000 is invested at an interest rate of 5% per year, find the amount of the investment at the end of 5 years for the following compounding methods: Annually Monthly Quarterly Continuously

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Page 1: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

If $5,000 is invested at an interest rate of 5% per year, find

the amount of the investment at the end of 5 years for the

following compounding methods:

Annually

Monthly

Quarterly

Continuously

Page 2: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Logarithmic Functions

Section 6.3

Page 3: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Logarithms

Used to find unknown exponents in

exponential models

Define many measurement scales in the

sciences such as the pH, decibel, and Richter

scales.

Page 4: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Logarithmic Function

It’s the inverse of the exponential function

log ya x y a x

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Graph: 2( ) logf x x

Domain:

Range:

Page 6: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Graph: 2( ) 3 logf x x

Domain:

Range:

Page 7: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Graph: 2( ) log ( 4)f x x

Domain:

Range:

Page 8: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Graph: 2( ) log ( 2)f x x

Domain:

Range:

Page 9: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

For any positive base b, where b≠1:

bx = y if and only if x = logby

Exponential Form Logarithmic Form

310 1000 10log 1000 3

Page 10: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in logarithmic form.

35 125

Page 11: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in logarithmic form.

46 1296

Page 12: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in logarithmic form.

3 13

27

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Natural log

log lne x x

Page 14: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in logarithmic form.

2 7.389...e

Page 15: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in exponential form.

3log 81 4

Page 16: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in exponential form.

8log 512 3

Page 17: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in exponential form.

ln(181.3) 5.2

Page 18: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Write in exponential form.

3

1log 2

9

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Find the value of x.

4log 64x

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Find the value of x.

2log 16x

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Find the value of x.

125log 5x

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Find the value of x.

5 log 32x

Page 23: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Find the value of x.

34 log x

Page 24: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Find the value of x.

2log 1x

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Find the value of x.

1log 9

2x

Page 26: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Find the value of x.

73 log x

Page 27: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Find the value of x.

9log 3x

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Find the value of x.

1ln x

e

Page 29: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Solve

( ) ln 44f x x for x

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Find to the nearest thousandth – using the calculator.

10( ) log 240f x x for x

Page 31: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Find to the nearest thousandth – using the calculator.

10 85x

Page 32: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Find to the nearest thousandth – using the calculator.

10 22x

Page 33: If $5,000 is invested at an interest rate of 5% per year ... › cms › lib02 › SC01001931 › Centricity › Domain … · If $5,000 is invested at an interest rate of 5% per

Homework

Worksheet