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5-1: Natural Logs, 1
5-1: Natural Logs, 1 Objectives: 1. To define the natural logarithm and take its derivative Assignment: • P. 329-331: 7-10, 19-33 odd, 37-41 odd, 45, 46, 49-51, 53, 54, 57, 59, 63, 65, 71, 72, 83, 93, 94, 96-98, 103, 104 Warm Up Let’s say you had $1 to put into an account for a year, and the interest rate was 100%. How much money would you have in the account if the interest was compounded once (n = 1)? Twice (n = 2)? Will this amount continue to grow as n increases? What’s the best possible value of n? How much money would you have in the bank at the end of the year with this value of n? Compound Interest Consider an initial principal 𝑃 deposited in an account that pays interest at an annual rate 𝑟 (expressed as a decimal), compounded 𝑛 times per year. The amount 𝐴 in the account after 𝑡 years is given by: 𝑟 𝐴=𝑃 1+ 𝑛 Compounding refers to adding the interest back to the principal. This can be 𝑛𝑡 done yearly, monthly, quarterly, daily, or even continuously. Warm Up 1 𝐴=1 1+ 𝑛 𝑛 𝑛=1 𝑛=2 𝑛=4 𝑛 = 12 𝑛 = 365 𝑛 = 8,760 $2.00 $2.25 $2.44 $2.61 $2.71 $2.72 +.25 +.19 +.17 +.10 +.01 Limit! Warm Up 1 𝐴=1 1+ 𝑛 𝑛 Natural Base e The natural base 𝑒 is an irrational number such that 𝑛 1 lim 1 + = 𝑒 ≈ 2.718281828459045 … 𝑛→∞ 𝑛 • • Given a letter by Leonhard Euler (1707-1783) Sometimes called the Euler number Natural Base e The natural base 𝑒 is an irrational number such that 𝑛 1 lim 1 + = 𝑒 ≈ 2.718281828459045 … 𝑛→∞ 𝑛 Like 𝜋, 𝑒 is a transcendental number since it is not the root of any polynomial equation (Euler’s Formula, not Euler’s Arm) Objective 1 You will be able to define the natural logarithm and take its derivative Definition of Logarithm Logarithm with Base 𝒃 For 𝑦 > 0, 𝑏 > 0, and 𝑏 ≠ 1, the logarithm with base 𝑏 of 𝑦 is denoted as log 𝑏 𝑦 such that log 𝑏 𝑦 = 𝑥 if and only if 𝑏 𝑥 = 𝑦 The base of the logarithm is the base of the exponential equation Definition of Logarithm Logarithm with Base 𝒃 For 𝑦 > 0, 𝑏 > 0, and 𝑏 ≠ 1, the logarithm with base 𝑏 of 𝑦 is denoted as log 𝑏 𝑦 such that log 𝑏 𝑦 = 𝑥 if and only if 𝑏 𝑥 = 𝑦 The answer to the logarithm is the exponent of the exponential Definition of Logarithm Logarithm with Base 𝒃 For 𝑦 > 0, 𝑏 > 0, and 𝑏 ≠ 1, the logarithm with base 𝑏 of 𝑦 is denoted as log 𝑏 𝑦 such that log 𝑏 𝑦 = 𝑥 if and only if 𝑏 𝑥 = 𝑦 The general logarithm function is an exponentproducing function. The log base b is the exponent you have to put on b to get y. Definition of Logarithm Logarithm with Base 𝒃 For 𝑦 > 0, 𝑏 > 0, and 𝑏 ≠ 1, the logarithm with base 𝑏 of 𝑦 is denoted as log 𝑏 𝑦 such that log 𝑏 𝑦 = 𝑥 if and only if 𝑏 𝑥 = 𝑦 Logarithmic Form Exponential Form Exercise 1 Evaluate each logarithm. 1. log2 32 2. log10 1 3. log9 9 4. log1/5 25 5. log7 73 A Few Good Properties Let 𝑏 be a positive real number with 𝑏 ≠ 1. Since 𝑏 0 = 1, log 𝑏 1 = 0 Since 𝑏𝑎 = 𝑏𝑎 , log 𝑏 𝑏 𝑎 = 𝑎 Since 𝑏1 = 𝑏, log 𝑏 𝑏 = 1 Product Property Product Property of Logarithms Let 𝑏, 𝑚, and 𝑛 be positive real numbers with 𝑏 ≠ 1. log 𝑏 𝑚 ∙ 𝑛 = log 𝑏 𝑚 + log 𝑏 𝑛 Product Property of Exponents 𝑏 𝑚 ∙ 𝑏 𝑛 = 𝑏 𝑚+𝑛 “The log of a product equals the sum of the logs of the factors.” Quotient Property Quotient Property of Logarithms Let 𝑏, 𝑚, and 𝑛 be positive real numbers with 𝑏 ≠ 1. log 𝑏 𝑚 = 𝑛 log 𝑏 𝑚 − log 𝑏 𝑛 Quotient Property of Exponents 𝑏𝑚 𝑚−𝑛 = 𝑏 𝑏𝑛 “The log of a quotient equals the difference of the logs of the divisors.” Power Property Power Property of Logarithms Let 𝑏, 𝑚, and 𝑛 be positive real numbers with 𝑏 ≠ 1. log 𝑏 𝑚𝑛 = 𝑛 ∙ log 𝑏 𝑚 Power Property of Exponents 𝑏𝑚 𝑛 = 𝑏 𝑚∙𝑛 “The log of a number to a power equals the power times the log of the number.” Exercise 2 Expand the following logarithms. 1. 10 ln 9 2. ln 3𝑥 + 2 3. 6𝑥 ln 5 4. ln 2 2 𝑥 +3 3 𝑥 𝑥 2 +1 General Power Rule Recall that in the General Power Rule, 𝑛 ≠ −1. 𝑛+1 𝑥 𝑥 𝑛 𝑑𝑥 = +𝐶 𝑛+1 𝑛 ≠ −1 1 𝑑𝑥, 𝑥 If 𝑛 = −1, then we have which we will use to formally define the natural logarithm. The Natural Logarithm The natural logarithm is defined by By this definition, the natural logarithm is an accumulation function, accumulating area under the graph of 1 𝑦= . 𝑡 𝑥 ln 𝑥 = 1 1 𝑑𝑡 𝑡 𝑥>0 The Natural Logarithm The natural logarithm is defined by By this definition, the natural logarithm is an accumulation function, accumulating area under the graph of 1 𝑦= . 𝑡 𝑥 ln 𝑥 = 1 1 𝑑𝑡 𝑡 𝑥>0 The Natural Logarithm The natural logarithm is defined by By this definition, the natural logarithm is an accumulation function, accumulating area under the graph of 1 𝑦= . 𝑡 𝑥 ln 𝑥 = 1 1 𝑑𝑡 𝑡 𝑥>0 The Natural Logarithm The natural logarithm is defined by By this definition, the natural logarithm is an accumulation function, accumulating area under the graph of 1 𝑦= . 𝑡 𝑥 ln 𝑥 = 1 1 𝑑𝑡 𝑡 𝑥>0 Exercise 3 Use the definition of the natural logarithm to find ln 1 . 1 ln 1 = 1 1 𝑑𝑡 = 0 𝑡 ln 1 = 0 Graph of 𝑦 = ln 𝑥 The graph of 𝑦 = ln 𝑥 can be derived based on the 1 definition, that ln 𝑥 is an antiderivative of . 𝑥 𝑦 = ln 𝑥 𝑑𝑦 1 = 𝑑𝑥 𝑥 This generates a slope field with solution 1,0 Exercise 4 Analyze the graph of 𝑓 𝑥 = ln 𝑥 by discussing where 𝑓 𝑥 is increasing or decreasing, its concavity, and any extrema. Graph of 𝑦 = ln 𝑥 The graph of 𝑦 = ln 𝑥 can be derived based on the 1 definition, that ln 𝑥 is an antiderivative of . 𝑥 Domain: 𝑥 > 0 Range: ℝ Always Increasing Concave Down One-to-One The Natural Base For common logs, we know that log 10 = 1, so there must exist a number such that ln 𝑥 = 1. 𝑥 ln 𝑥 = 1 1 𝑑𝑡 = 1 𝑡 The area under 𝑦 = 1/𝑡 is 1 This number is the transcendental number 𝑒 ≈ 2.718281828459045 … The Definition of 𝑒 The letter 𝑒 denotes the positive real number such that 𝑒 ln 𝑒 = 1 1 𝑑𝑡 = 1 𝑡 Derivative of ln 𝑥 Let 𝑢 be a differentiable function of 𝑥. 𝑢>0 𝑑 1 ln 𝑥 = 𝑑𝑥 𝑥 𝑑 1 𝑑𝑢 𝑢′ ln 𝑢 = ∙ = 𝑑𝑥 𝑢 𝑑𝑥 𝑢 𝑥>0 Exercise 5 Find each derivative. 1. 𝑦 = ln 2𝑥 2. 𝑦 = ln 𝑥 2 + 1 3. 𝑦 = 𝑥 ∙ ln 𝑥 4. 𝑦 = ln 𝑥 3 Exercise 6 Differentiate 𝑓 𝑥 = ln 𝑥 + 1. Method 1: 𝑓 𝑥 = ln 𝑥 + 1 Method 2: 1/2 1 𝑓 𝑥 = ln 𝑥 + 1 𝑑 𝑓′ 𝑥 = 𝑥+1 𝑑𝑥 𝑥+1 1 1 𝑓′ 𝑥 = 𝑥+1 𝑥+1 2 𝑓′ 𝑥 = 1 2 𝑥+1 1/2 −1/2 1/2 1 𝑓 𝑥 = ln 𝑥 + 1 2 𝑓′ 𝑥 = 1 2 𝑥+1 Sometimes it’s convenient to use properties of logarithms to simplify a problem before differentiating. Exercise 7 Find the derivative of 𝑓 𝑥 = ln 𝑥 2 2 𝑥 +1 2𝑥 3 −1 . Exercise 8 Take the derivative of 𝑦 = 𝑥−2 2 𝑥 2 +1 , 𝑥 ≠ 2, by first taking the natural log of both sides. Derivatives with Abs Value If 𝑢 is a differentiable function of 𝑥 such that 𝑢 ≠ 0, then 𝑑 𝑢′ ln 𝑢 = 𝑑𝑥 𝑢 Exercise 9 Find the derivative of 𝑦 = ln cos 𝑥 . Exercise 10 Locate the relative extrema of 𝑦 = ln 𝑥 2 + 2𝑥 + 3 . 5-1: Natural Logs, 1 Objectives: 1. To define the natural logarithm and take its derivative Assignment: • P. 329-331: 7-10, 19-33 odd, 37-41 odd, 45, 46, 49-51, 53, 54, 57, 59, 63, 65, 71, 72, 83, 93, 94, 96-98, 103, 104