APPLICATIONS
Compound interest
y = a(1+r)ᵗ
r
annual rate (as decimal)
SOLVING EXPONENTIAL EQ
- Same base: equate exponents directly
- Different base: take log of both sides
- Use power rule to bring exponent down
- Isolate and solve for variable
Example: 3ˣ=20
log(3ˣ)=log(20)
x·log(3)=log(20)
x = log(20)/log(3) ≈ 2.73
EXPAND vs CONDENSE
Expand
Break apart using the 3 laws
Condense
Reverse → write as single log
COMMON MISTAKES
- log(a+b) ≠ loga + logb
- Distribute coefficient in power rule
- Domain of log: x > 0 always