Steps to Solving Exponential Equations
Logarithm
Another way of writing exponents
Order of Condensing
Power
Product/quotient left to right
Order of Expanding
Quotient
Product
Power
Steps to log=log
One to One Property
If log base b of m = log base b of n, then m=n
Undefined Logs
Negative and zero
Steps to log = Number
Steps to No Common Base
e
Irrational number with an approximate value of 2.718
e Occurs In
Base of exponential and log functions that describe real world scenarios
Natural Base Exponential Functions
Exponential functions with base e
Natural Logs
Log functions with base e
f(x) = log base e of x
ln(x)
Exponential Growth
Occurs when a quantity exponentially increases over time
Exponential Growth Formula
f(t) = a(1+r)^t
a=
Intial amount
Exponential Decay
Occurs when a quantity exponetially decreases over time
Exponential Decay Formula
f(t) = a(1-r)^t
Compound Interest
Occurs when interest is calculated on both the principal amount and the accrued interest thus far
Compound Interest Formula
A= P(1+(r/n))^n*t
b>1
Function is exponential growth and increasing
b<1
Fraction
Function is exponential decay and decreasing
Asymptote
Vertical determines domain
Horizontal determines range