The number e and the natural logarithm
The number e and the natural logarithm
Three banks offer to hold 1,000 ₪ for one year:
- Plenty Bank: interest of 100% a year. At the end of the year – ₪.
- Growth Bank: interest of 50% for half a year, twice. At the end of the year – ₪.
- Success Bank: interest of 25% for three months, four times. At the end of the year – ₪.
The more periods the year is split into, the larger the sum – but not without limit. Split into periods, the sum is :
- (every month): ₪.
- (every day): ₪.
- very large: the sum comes close to ₪.
The number that comes close to is called : . It is a constant, like , and not a fraction.
is the exponential function whose base is . The logarithm to the base is called the natural logarithm, written :
and are inverses of each other, so their graphs are symmetric about the line :
- for every , and for every .
- and .
- The laws of logarithms hold for too: , , .
- A calculator has an key: .
Every positive number equals , so:
- .
- A process of growth and decay can be written , where .
- (that is ) – growth; (that is ) – decay. Interest of 5% a year: .
The examples below solve equations by the definition of and by substitution:
- : , so .
- : , so . It is in the domain, because .
- : we substitute and get , that is or .
- or , so or .
In growth the values of and are hard to read off the graph. Drawing instead of gives a straight line:
- The slope of the line is .
- The line meets the vertical axis at .
In a culture of bacteria the number of bacteria was measured, and was drawn as a function of the time in hours. The result was a line through and . The example below finds and .
- The slope: .
- , so .
- : at the start there were about 20 bacteria.
Calculate.
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
Solve the equations.
Write as a power of .
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
The number of bacteria in a culture is , where is the time in hours.
The graph of as a function of holds the points and .
Write the equation of the line through the two points.
Calculate .
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
Calculate , and round to two decimal places.
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power
Find the doubling time of the number of bacteria: solve the equation.
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – check and a new line · * – times · ^ – power, ↓ – end of the power
/ – fraction bar · Tab or the arrows – between numerator and denominator, then a note above or below · Enter – a new line · * – times · ^ – power, ↓ – end of the power