Section 10.3 The Natural Base
There is another base for logarithms and exponential functions that is often used in applications. This base is an irrational number called \(e\text{,}\) where
\begin{equation*}
\blert{e \approx 2.71828182845}
\end{equation*}
The number \(e\) is essential for many advanced topics, and it is often called the natural base.
Subsection 10.3.1 The Natural Exponential Function
The natural exponential function is the function \(f(x) = e^x\text{.}\) Values for \(e^x\) can be obtained with a calculator using the \(\boxed{e^x}\) key ( 2nd LN on most calculators). For example, you can evaluate \(e^1\) by pressing
\(\qquad\qquad\)2nd LN \(1\)
to confirm the value of \(e\) given above.
Because \(e\) is a number between 2 and 3, the graph of \(f(x) = e^x\) lies between the graphs of \(y = 2^x\) and \(y = 3^x\text{.}\) Compare the tables of values and the graphs of the three functions below. You can verify the table and graphs on your caclulator.
\(x\)  \(y=2^x\)  \(y=e^x\)  \(y=3^x\) 
\(3\)  \(0.125\)  \(0.050\)  \(0.037\) 
\(2\)  \(0.250\)  \(0.135\)  \(0.111\) 
\(1\)  \(0.500\)  \(0.368\)  \(0.333\) 
\(0\)  \(1\)  \(1\)  \(1\) 
\(1\)  \(2\)  \(2.718\)  \(3\) 
\(2\)  \(4\)  \(7.389\)  \(9\) 
\(3\)  \(8\)  \(20.086\)  \(27\) 
Checkpoint 10.3.2. QuickCheck 1.
Example 10.3.3.
Graph each function. How does each graph differ from the graph of \(y = e^x\text{?}\)
 \(\displaystyle g(x) = e^{x+2}\)
 \(\displaystyle h(x) = e^x + 2\)
Solution.
The graph of \(g\) is shifted \(2\) units to the left of \(y = e^x\text{.}\) The graph of \(h\) is shifted \(2\) units up from \(y = e^x\text{.}\) The graphs are shown above.
Subsection 10.3.2 The Natural Logarithmic Function
The base \(e\) logarithm of a number \(x\text{,}\) or \(\log_ e x\text{,}\) is called the natural logarithm of \(x\) and is denoted by \(\ln x\text{.}\)
The Natural Logarithm.
The natural logarithm is the logarithm base \(e\text{.}\)
\begin{equation*}
\blert{\ln x = \log_{e}{x}, ~~~~ x\gt 0}
\end{equation*}
The natural logarithm of \(x\) is the exponent to which \(e\) must be raised to produce \(x\text{.}\) For example, the natural logarithm of \(10\text{,}\) or \(\ln 10\text{,}\) is the solution of the equation
\begin{equation*}
e^y = 10
\end{equation*}
You can verify on your calculator that
\begin{equation*}
e^{\alert{2.3}} ~~ \approx 10 ~~ \text{ or } ~~ \ln 10 \approx \alert{2.3}
\end{equation*}
In general, natural logs obey the same conversion formulas that work for logs to other bases.
Conversion Formulas for Natural Logs.
\begin{equation*}
\blert{y= \ln x~~~~~~\text{if and only if}~~~~~~e^y=x}
\end{equation*}
Checkpoint 10.3.4. QuickCheck 2.
In particular,
\begin{align*}
\ln e \amp = 1~~~~ \text{ because }~~~~ e^1 = e \\
\ln 1 \amp = 0~~~~ \text{ because }~~~~ e^0 = 1
\end{align*}
As is the case with exponential and log functions with other bases, the natural log function, and the natural exponential function, \(f(x) = e^x\text{,}\) "undo" each other, so they are inverse functions.
Example 10.3.5.
Graph \(f(x) = e^x\) and \(g(x) = \ln x\) on the same grid.
Solution.
We can make a table of values for \(g(x) = \ln x\) by interchanging the columns in the table for \(f(x) = e^x\text{.}\) Plotting the points gives us the graph below.
\(x\)  \(y=\ln x\) 
\(0.050\)  \(3\) 
\(0.135\)  \(2\) 
\(0.368\)  \(1\) 
\(1\)  \(0\) 
\(2.718\)  \(1\) 
\(7.389\)  \(2\) 
\(20.086\)  \(3\) 
You can see from the graph that the natural log function has only positive numbers as input values. The natural logs of negative numbers and zero are undefined. You can also see that the natural log of a number greater than 1 is positive, while the logs of fractions between 0 and 1 are negative.
Checkpoint 10.3.6. Practice 2.
Use your calculator to evaluate each logarithm. Round your answers to four decimal places.
 \(\ln 100\approx\)
 \(\ln 0.01\approx\)
 \(\ln e^3\approx\)
The three properties of logarithms also apply to base \(e\) logarithms.
Properties of Natural Logarithms.
If \(x, y \gt 0\text{,}\) then
 \(\displaystyle \ln(xy) = \ln x + \ln y\)
 \(\displaystyle \ln {\dfrac{x}{y}} = \ln x  \ln y\)
 \(\displaystyle \ln {x^n} = n \ln x\)
If \(x \le 0\text{,}\) \(\ln x\) is undefined.
And because the functions \(y=e^x\) and \(y= \ln x\) are inverse functions, the following properties are also true.
The Natural Log and \(e^x\).
\begin{equation*}
\blert{\ln {e^x} =x}~~~~~~\text{and}~~~~~~\blert{e^{\ln {x}} = x}
\end{equation*}
Example 10.3.7.
Simplify each expression.
 \(\displaystyle \ln e^{0.3x}\)
 \(\displaystyle e^{2 \ln(x+3)}\)
Solution.
 The natural log is the log base \(e\text{,}\) and hence the inverse of \(e^x\text{.}\) Therefore,\begin{equation*} \ln {e^{0.3x}} = 0.3x \end{equation*}
 First, we simplify the exponent using the third property of logs to get\begin{equation*} 2 \ln(x + 3) = \ln(x + 3)^2 \end{equation*}Then \(e^{2 \ln(x+3)} = e^{\ln(x+3)^2} = (x + 3)^2\text{.}\)
Checkpoint 10.3.8. Practice 3.
Subsection 10.3.3 Solving Equations
We use the natural logarithm to solve exponential equations with base \(e\text{.}\) The techniques we’ve learned for solving other exponential equations also apply to equations with base \(e\text{.}\)
Example 10.3.9.
Solve each equation for \(x\text{.}\)
 \(\displaystyle e^x = 0.24\)
 \(\displaystyle \ln x = 3.5\)
Solution.
 We convert the equation to logarithmic form and evaluate using a calculator.\begin{equation*} x = \ln 0.24 \approx 1.427 \end{equation*}
 We convert the equation to exponential form and evaluate.\begin{equation*} x = e^{3.5} \approx 33.1155 \end{equation*}
Checkpoint 10.3.10. Practice 4.
Checkpoint 10.3.11. QuickCheck 3.
Why is the equation \(e^x=6.5\) easier to solve than \(8^x=6.5\) ?
 8 is larger than 6.5.
 \(k\) is a constant.
 There is a button for log base \(e\) on the calculator, but not a button for log base 8.
 Because \(e\) is an irrational number.
To solve more complicated exponential equations, we isolate the power on one side of the equation before converting to logarithmic form.
Example 10.3.12.
Solve \(140 = 20 e^{0.4x}\)
Solution.
First, we divide each side by \(20\) to obtain
\begin{equation*}
7 = e^{0.4x}
\end{equation*}
Then we convert the equation to logarithmic form.
\begin{align*}
0.4x \amp = \ln 7 \amp\amp \blert{\text{Divide both sides by 0.4.}}\\
x \amp= \frac{\ln 7}{0.4}
\end{align*}
Rounded to four decimal places, \(x \approx 4.8648\text{.}\)
Note 10.3.13.
We can also solve the equation in the Example above,
\begin{equation*}
7 = e^{0.4x}
\end{equation*}
by taking the natural logarithm of both sides. This gives us
\begin{align*}
\ln 7 \amp = \ln e^{0.4x}\amp\amp \blert{\text{Simplify the right side.}}\\
\ln 7 \amp = 0.4x
\end{align*}
because \(\ln{e^a} = a\) for any number \(a\text{.}\) We then proceed with the solution as before.
Checkpoint 10.3.14. Practice 5.
Example 10.3.15.
Solve \(P = \dfrac{a}{1 + be^{kt}}\) for \(t\text{.}\)
Solution.
We multiply both sides of the equation by the denominator, \(1 + be^{kt}\text{,}\) to get
\begin{equation*}
P(1 + be^{kt} ) = a
\end{equation*}
Then we isolate the power, \(e^{kt}\text{,}\) as follows:
\begin{align*}
P(1 + be^{kt} ) \amp = a \amp \amp \blert{\text{Divide both sides by }P.}\\
1 + be^{kt} \amp = \frac{a}{P}\amp\amp \blert{\text{Subtract 1 from both sides.}}\\
be^{kt} \amp = \frac{a}{P} 1 \amp\amp \blert{\text{Rewrite the right side as one fraction.}}\\
be^{kt} \amp = \frac{a  P}{P}\amp\amp \blert{\text{Divide both sides by }b.}\\
e^{kt} \amp= \frac{a  P}{bP}
\end{align*}
Next, we take the natural logarithm of both sides to get
\begin{equation*}
\ln {e^{kt}} = \ln{\frac{a  P}{bP}}
\end{equation*}
and recall that \(\ln {e^x} = x\) to simplify the left side.
\begin{equation*}
kt = \ln{\frac{a  P}{bP}}
\end{equation*}
Finally, we divide both sides by \(k\) to solve for \(t\text{.}\)
\begin{equation*}
t =\frac{1}{k}\ln{\frac{aP}{bP}}
\end{equation*}
Checkpoint 10.3.16. Practice 6.
Subsection 10.3.4 Exponential Growth and Decay
Recall that functions of the form
\begin{equation*}
P(t) = P_0\cdot b^t
\end{equation*}
describe exponential growth when \(b \gt 1\) and exponential decay when \(0 \lt b \lt 1\text{.}\) Exponential growth and decay can also be modeled by functions of the form
\begin{equation*}
\blert{P(t) = P_0 \cdot e^{kt}}
\end{equation*}
where we have substituted \(e^k\) for the growth factor \(b\text{,}\) so that
\begin{align*}
P(t) \amp = P_0 \cdot b^t\\
\amp = P_0 \cdot \left(e^k\right)^t = P_0 \cdot e^{kt}
\end{align*}
We can find the value of \(k\) by solving the equation \(b = e^k\) for \(k\text{,}\) to get \(k = \ln b\text{.}\)
For instance, consider a colony of bacteria that grows according to the formula
\begin{equation*}
P(t) = 100 \cdot \alert{3^t}
\end{equation*}
We can express this function in the form \(P(t) = 100 \cdot \alert{e^{kt}}\) if we set
\begin{equation*}
3 = e^k ~ \text{ or } ~ k = \ln 3 \approx 1.0986
\end{equation*}
Thus, the growth law for the colony of bacteria can be written
\begin{equation*}
P(t) \approx 100 \cdot e^{1.0986t}
\end{equation*}
By graphing both functions on your calculator, you can verify that
\begin{equation*}
P(t) = 100 \cdot 3^t~~~\text{and}~~~P(t) = 100 \cdot e^{1.0986t}
\end{equation*}
are just two ways of writing the same function.
Example 10.3.17.
From 1990 to 2000, the population of Clark County, Nevada, grew by \(6.4\%\) per year.
 What was the growth factor for the population of Clark County from 1990 to 2000? If the population of Clark County was 768,000 in 1990, write a formula for the population \(t\) years later.
 Write a growth formula for Clark County using base \(e\text{.}\)
Solution.
 The growth factor was \(b = 1 + r = 1.064\text{.}\) The population \(t\) years later was\begin{equation*} P(t) = 768,000 (1.064)^t \end{equation*}
 We use the formula \(P(t) = P_0 \cdot e^{kt}\text{,}\) where \(e^k = 1.064\text{.}\) Solving for \(k\text{,}\) we find\begin{equation*} k = \ln 1.064 = 0.062 \end{equation*}so \(P(t) = 768,000 e^{0.062t}\text{.}\)
Checkpoint 10.3.18. Practice 7.
From 1994 to 1998, the number of personal computers connected to the Internet grew according to the formula \(N(t) = 2.8e^{0.85t}\text{,}\) where \(t = 0\) in 1994 and \(N\) is in millions. (Source: Los Angeles Times, September 6, 1999)

Evaluate \(N(1)=\) . By what percent did the number of Internet users grow in one year?About %

Express the growth law in the form \(N(t) = N_0 (1 + r)^t\text{.}\)\(N(t)=\)
If \(k\) is negative, then \(e^k\) is a fraction less than \(1\text{.}\) For example, if \(k = 2\text{,}\)
\begin{equation*}
e^{2} = \frac{1}{e^2} \approx \frac{1}{7.3891} \approx 0.1353
\end{equation*}
Thus, for negative values of \(k\text{,}\) the function \(P(t) = P_0 e^{kt}\) describes exponential decay.
Exponential Growth and Decay.
The function
\begin{equation*}
P(t) = P_0 e^{kt}
\end{equation*}
describes exponential growth if \(k \gt 0\text{,}\) and exponential decay if \(k \lt 0\text{.}\)
Checkpoint 10.3.19. QuickCheck 4.
Example 10.3.20.
Express the decay law \(N(t) = 60 (0.8)^t\) in the form \(N(t) = N_0 e^{kt}\text{.}\)
Solution.
For this decay law, \(N_0 = 60\) and \(b = 0.8\text{.}\) We would like to find a value for \(k\) so that \(e^k = b = 0.8\text{,}\) that is, we must solve the equation
\begin{align*}
e^k \amp = 0.8\amp\amp \blert{\text{Take natural log of both sides.}}\\
\ln e^k\amp = \ln 0.8\amp\amp \blert{\text{Simplify.}}\\
k\amp = \ln 0.8 \approx 0.2231
\end{align*}
Replacing \(b\) with \(e^k\text{,}\) we find that the decay law is
\begin{equation*}
N(t) \approx 60e^{0.2231t}
\end{equation*}
Checkpoint 10.3.21. Practice 8.
A scientist isolates \(25\) grams of krypton91, which decays according to the formula
\begin{equation*}
N(t) = 25e^{0.07t}\text{,}
\end{equation*}
where \(t\) is in seconds.

Complete the table of values showing the amount of krypton91 left at \(10\)second intervals over the first minute.
\(t\) \(0\) \(10\) \(20\) \(30\) \(N(t)\) \(t\) \(40\) \(50\) \(60\) \(N(t)\)  Use the table to choose a suitable window and graph the function \(N(t)\text{.}\)

Write and solve an equation to answer the question: How long does it take for 60% of the krypton91 to decay?
 \(\displaystyle 25e^{0.07t}= 0.60 \)
 \(\displaystyle 25e^{0.07t}= 0.60 (25) \)
 \(\displaystyle 25e^{0.07t}= 0.40 \)
 \(\displaystyle 25e^{0.07t}= 0.40 (25) \)
 None of the above
Answer: \(t=\) seconds
Hint.
Answer 1.
Answer 2.
Answer 3.
Answer 4.
Answer 5.
Answer 6.
Answer 7.
Answer 8.
Answer 9.
Solution.
If \(60\%\) of the krypton91 has decayed, \(40\%\) of the original \(25\) grams remains.
\(25\)
\(12.4146\)
\(6.16492\)
\(3.06141\)
\(1.52025\)
\(0.754935\)
\(0.374889\)
\(\text{Choice 4}\)
\(\frac{\ln\!\left(0.4\right)}{0.07}\)
\(t\) \(0\) \(10\) \(20\) \(30\) \(40\) \(50\) \(60\) \(N(t)\) \(25\) \(12.41\) \(6.16\) \(3.06\) \(1.52\) \(0.75\) \(0.37\)  A graph is below.
 \(25 e^{0.07t} = 0.40(25)\text{;}\) \(t=\dfrac{\ln(0.4)}{0.07}\approx 13.09\) seconds
Graph for part (b)
Subsection 10.3.5 Continuous Compounding
Some savings institutions offer accounts on which the interest is compounded continuously. The amount accumulated in such an account after \(t\) years at interest rate \(r\) is given by the function
\begin{equation*}
A(t) = Pe^{rt}
\end{equation*}
where \(P\) is the principal invested.
Example 10.3.22.
Suppose you invest $500 in an account that pays 8% interest compounded continuously. You leave the money in the account without making any additional deposits or withdrawals.
 Write a formula that gives the value of your account \(A(t)\) after \(t\) years.
 Make a table of values showing \(A(t)\) for the first 5 years.
 Graph the function \(A(t)\text{.}\)
 How much will the account be worth after 10 years?
 How long will it be before the account is worth $1000?
Solution.
 We substitute 500 for \(P\text{,}\) and 0.08 for \(r\) to find\begin{equation*} A(t) = 500e^{0.08t} \end{equation*}

We evaluate the formula for \(A(t)\) to obtain a table.
\(t\) \(A(t)\) \(0\) \(500\) \(1\) \(541.64\) \(2\) \(586.76\) \(3\) \(635.62\) \(4\) \(688.56\) \(5\) \(745.91\)  The graph of \(A(t)\) is shown above.
 We evaluate \(A(t)\) for \(t = 10\text{.}\)\begin{align*} A(10) \amp= 500 e^{0.08(10)}\\ \amp = 500 e^{0.8}\\ \amp \approx 500(2.2255) = 1112.77 \end{align*}The account will be worth $1112.77 after 10 years.
 We substitute 1000 for \(A(t)\) and solve the equation.\begin{align*} 1000 \amp= 500 e^{0.08t}\amp\amp \blert{\text{Divide both sides by 500.}}\\ 2 \amp = e^{0.08t}\amp\amp \blert{\text{Take natural log of both sides.}}\\ \ln 2 \amp= \ln e^{0.08t} = 0.08t\amp\amp \blert{\text{Divide both sides by 0.08.}}\\ t \amp= \frac{\ln 2}{0.08}\approx 8.6643 \end{align*}The account will be worth $1000 after approximately 8.7 years.
Checkpoint 10.3.23. Practice 9.
Investigation 10.3.1. Interest Compounded Continuously.
We learned in Section 7.4 that the amount, \(A\) (principal plus interest), accumulated in an account with interest compounded \(n\) times annually is
\begin{equation*}
A=P\left(1+\dfrac{r}{n} \right)^{nt}
\end{equation*}
where \(P\) is the principal invested, \(r\) is the interest rate, and \(t\) is the time period, in years.
 Suppose you keep \(\$1000\) in an account that pays 8% interest. How much is the amount \(A\) after 1 year if the interest is compounded twice a year? Four times a year?\begin{gather*} n = \alert{2}: A = 1000\left(1 + \frac{0.08}{\alert{2}} \right)^{\alert{2}(1)}= \\ n = \alert{4}: A = 1000\left(1 + \frac{0.08}{\alert{4}} \right)^{\alert{4}(1)}= \end{gather*}

What happens to \(A\) as we increase \(n\text{,}\) the number of compounding periods per year? Fill in the table showing the amount in the account for different values of \(n\text{.}\)
\(n\) \(A\) \(1\) (annually) \(1080\) \(2\) (semiannually) \(\) \(4\) (quarterly) \(\) \(6\) (bimonthly) \(\) \(12\) (monthly) \(\) \(365\) (daily) \(\) \(1000\) \(\) \(10,000\) \(\)  Plot the values in the table from \(n = 1\) to \(n = 12\text{,}\) and connect them with a smooth curve. Describe the curve: What is happening to the value of \(A\text{?}\)
 In part (2), as you increased the value of \(n\text{,}\) the other parameters in the formula stayed the same. In other words, \(A\) is a function of \(n\text{,}\) given by \(A = 1000 (1 + \dfrac{0.08}{n} )^n\text{.}\) Use your calculator to graph A on successively larger intervals:
 \(\displaystyle \text{Xmin} = 0, \text{Xmax} = 12; \text{Ymin} = 1080, \text{Ymax} = 1084\)
 \(\displaystyle \text{Xmin} = 0, \text{Xmax} = 50; \text{Ymin} = 1080, \text{Ymax} = 1084\)
 \(\displaystyle \text{Xmin} = 0, \text{Xmax} = 365; \text{Ymin} = 1080, \text{Ymax} = 1084\)
 Use the Trace feature or the Table feature to evaluate \(A\) for very large values of \(n\text{.}\) Rounded to the nearest penny, what is the largest value of \(A\) that you can find?
 As \(n\) increases, the values of \(A\) approach a limiting value. Although \(A\) continues to increase, it does so by smaller and smaller increments and will never exceed $1083.29. When the number of compounding periods increases without bound, we call the limiting result continuous compounding.
 Is there an easier way to compute \(A\) under continues compounding? Yes! Compute \(1000e^{0.08}\) on your calculator. (Press 2nd LN to enter \(e^x\text{.}\)) Compare the value to your answer in part (5) for the limiting value. The number \(e\) is called the natural base. We’ll compute its value shortly.
 Repeat your calculations for two other interest rates, 15% and (an extremely unrealistic) 100%, again for an investment of $1000 for 1 year. In each case, compare the limiting value of \(A\text{,}\) and compare to the value of \(1000e^r\text{.}\)
\(r=0.15\) \(n\) \(A\) \(1\) \(115\) \(2\) \(\hphantom{00000}\) \(4\) \(\) \(6\) \(\) \(12\) \(\) \(3652\) \(\) \(1000\) \(\) \(10,000\) \(\) \(~~1000e^{0.15}= \) \(r=1\) \(n\) \(A\) \(1\) \(200\) \(2\) \(\hphantom{00000}\) \(4\) \(\) \(6\) \(\) \(12\) \(\) \(3652\) \(\) \(1000\) \(\) \(10,000\) \(\) \(~~1000e^{1}= \)
 In part (8b), you have computed an approximation for \(1000e\text{.}\) What is the value of \(e\text{,}\) rounded to 5 decimal places?

Complete the table of values. What does \(\left(1 + \dfrac{1}{n} \right)^n\) appear to approach as \(n\) increases?
\(n\) \(100\) \(1000\) \(10,000\) \(100,000\) \(\left(1+\frac{1}{n} \right)^n \)
Exercises 10.3.6 Homework 10.3
Skills Practice
Exercise Group.
For Problems 14, use your calculator to complete the table for each function. Then choose a suitable window and graph the function.
\(x\)  \(10\)  \(5\)  \(0\)  \(5\)  \(10\)  \(15\)  \(20\) 
\(f(x)\)  \(\hphantom{0000}\)  \(\hphantom{0000}\)  \(\hphantom{0000}\)  \(\hphantom{0000}\)  \(\hphantom{0000}\)  \(\hphantom{0000}\)  \(\hphantom{0000}\) 
1.
\(f(x)=e^{0.2x} \)
Answer.
\(x\)  \(10\)  \(5\)  \(0\)  \(5\)  \(10\)  \(15\)  \(20\) 
\(f(x)\)  \(0.135\)  \(0.368\)  \(1\)  \(2.718\)  \(7.389\)  \(20.086\)  \(54.598\) 
2.
\(f(x)=e^{0.6x} \)
3.
\(f(x)= e^{0.3x} \)
Answer.
\(x\)  \(10\)  \(5\)  \(0\)  \(5\)  \(10\)  \(15\)  \(20\) 
\(f(x)\)  \(20.086\)  \(4.482\)  \(1\)  \(0.223\)  \(0.05\)  \(0.011\)  \(0.00248\) 
4.
\(f(x)=e^{0.1x} \)
Exercise Group.
For Problems 5 and 6, simplify.
5.
 \(\displaystyle \ln e^2\)
 \(\displaystyle e^{\ln 5t} \)
 \(\displaystyle e^{\ln x} \)
 \(\displaystyle \ln \sqrt{e} \)
Answer.
 \(\displaystyle 2\)
 \(\displaystyle 5t\)
 \(\displaystyle \dfrac{1}{x} \)
 \(\displaystyle \dfrac{1}{2} \)
6.
 \(\displaystyle \ln e^{x^4}\)
 \(\displaystyle e^{3 \ln x} \)
 \(\displaystyle e^{\ln x \ln y} \)
 \(\displaystyle \ln \left(\dfrac{1}{e^{2t}} \right) \)
Exercise Group.
For Problems 7–10, solve for \(x\text{.}\) Round your answers to two decimal places.
7.
 \(\displaystyle e^x=1.9\)
 \(\displaystyle e^x=45\)
 \(\displaystyle e^x=0.3\)
Answer.
 \(\displaystyle 0.64\)
 \(\displaystyle 3.81\)
 \(\displaystyle 1.20\)
8.
 \(\displaystyle e^x=2.1\)
 \(\displaystyle e^x=60\)
 \(\displaystyle e^x=0.9\)
9.
 \(\displaystyle \ln x=1.42\)
 \(\displaystyle \ln x = 0.63\)
 \(\displaystyle \ln x = 2.6\)
Answer.
 \(\displaystyle 4.14\)
 \(\displaystyle 1.88\)
 \(\displaystyle 0.07\)
10.
 \(\displaystyle \ln x=2.03\)
 \(\displaystyle \ln x = 0.59\)
 \(\displaystyle \ln x = 3.4\)
Exercise Group.
For Problems 1114, express each exponential function in the form \(P(t) = P_0b^t\text{.}\) Is the function increasing or decreasing? What is its initial value?
11.
\(P(t) = 20e^{0.4t}\)
Answer.
\(P (t) = 20\left(e^{0.4} \right)^t \approx 20\cdot 1.492^t\text{;}\) increasing; initial value \(20\)
12.
\(P(t)=0.8 e^{1.3t} \)
13.
\(P(t) = 6500e^{2.5t}\)
Answer.
\(P (t) = 6500\left(e^{2.5} \right)^t \approx 6500\cdot 0.082^t\text{;}\) decreasing; initial value \(6500\)
14.
\(P(t)=1.7 e^{0.02t} \)
15.

Fill in the table, rounding your answers to four decimal places.
\(x\) \(0\) \(0.5\) \(1\) \(1.5\) \(2\) \(2.5\) \(e^x\) \(\phantom{000} \) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\)  Compute the ratio of each function value to the previous one. Explain the result.
Answer.
\(x\) \(0\) \(0.5\) \(1\) \(1.5\) \(2\) \(2.5\) \(e^x\) \(1 \) \(1.6487\) \(2.7183\) \(4.4817\) \(7.3891\) \(12.1825\)  Each ratio is \(e^{0.5} \approx 1.6487\text{:}\) Increasing \(x\)values by a constant \(\Delta x = 0.5\) corresponds to multiplying the \(y\)values of the exponential function by a constant factor of \(e^{\Delta x}\text{.}\)
16.

Fill in the table, rounding your answers to four decimal places.
\(x\) \(0\) \(2\) \(4\) \(6\) \(8\) \(10\) \(e^x\) \(\phantom{000} \) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\)  Compute the ratio of each function value to the previous one. Explain the result.
17.

Fill in the table, rounding your answers to the nearest integer.
\(x\) \(0\) \(0.6931\) \(1.3863\) \(2.0794\) \(2.7726\) \(3.4657\) \(4.1589\) \(e^x\) \(\phantom{000} \) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\)  Subtract each \(x\)value from the next one. Explain the result.
Answer.
\(x\) \(0\) \(0.6931\) \(1.3863\) \(2.0794\) \(2.7726\) \(3.4657\) \(4.1589\) \(e^x\) \(1 \) \(2\) \(4\) \(8\) \(16\) \(32\) \(64\)  Each difference in \(x\)values is approximately \(\ln 2\approx 0.6931\text{:}\) Increasing \(x\)values by a constant \(\Delta x = \ln 2\) corresponds to multiplying the \(y\)values of the exponential function by a constant factor of \(e^{\Delta x} = e^{\ln 2} = 2\text{.}\) That is, each function value is approximately equal to double the previous one.
18.

Fill in the table, rounding your answers to the nearest integer.
\(x\) \(0\) \(1.0986\) \(2.1972\) \(3.2958\) \(4.3944\) \(5.4931\) \(6.5917\) \(e^x\) \(\phantom{000} \) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\) \(\phantom{000}\)  Subtract each \(x\)value from the next one. Explain the result.
Exercise Group.
For Problems 19–26, solve. Round your answers to two decimal places.
19.
\(6.21 = 2.3e^{1.2x}\)
Answer.
\(0.8277\)
20.
\(22.26 = 5.3e^{0.4x}\)
21.
\(6.4 = 20e^{0.3x}  1.8 \)
Answer.
\(2.9720\)
22.
\(4.5 = 4e^{2.1x} + 3.3 \)
23.
\(46.52 = 3.1e^{1.2x} + 24.2 \)
Answer.
\(1.6451\)
24.
\(1.23 = 1.3e^{2.1x}  17.1 \)
25.
\(16.24 = 0.7e^{1.3x}  21.7 \)
Answer.
\(3.0713\)
26.
\(55.68 = 0.6e^{0.7x} + 23.1 \)
Exercise Group.
For Problems 2732, solve the equation for the specified variable.
27.
\(y = e^{kt},~~\) for \(t\)
Answer.
\(t=\dfrac{1}{k}\ln y \)
28.
\(\dfrac{T}{R} = e^{t/2},~~\) for \(t\)
29.
\(y = k(1e^{t}),~~\) for \(t\)
Answer.
\(t=\ln \left(\dfrac{k}{ky}\right) \)
30.
\(B  2 = (A + 3)e^{t/3},~~\) for \(t\)
31.
\(T = T_0 \ln(k + 10),~~\) for \(k\)
Answer.
\(k=e^{T/T_0}10 \)
32.
\(P = P_0 + \ln 10k,~~\) for \(k\)
33.

Fill in the table, rounding your answers to three decimal places.
\(n\) \(0.39\) \(3.9\) \(39\) \(390\) \(\ln n\) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \)  Subtract each natural logarithm in your table from the next one. (For example, compute \(\ln 3.9  \ln 0.39\text{.}\)) Explain the result.
Answer.
\(n\) \(0.39\) \(3.9\) \(39\) \(390\) \(\ln n\) \(0.942 \) \(1.361 \) \(3.664 \) \(5.966 \)  Each difference in function values is approximately \(\ln 10\approx 2.303\text{:}\) Multiplying \(x\)values by a constant factor of 10 corresponds to adding a constant value of \(\ln 10\) to the \(y\)values of the natural log function.
34.

Fill in the table, rounding your answers to three decimal places.
\(n\) \(0.64\) \(6.4\) \(64\) \(640\) \(\ln n\) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \)  Subtract each natural logarithm in your table from the next one. (For example, compute \(\ln 6.4  \ln 0.64\text{.}\)) Explain the result.
35.

Fill in the table, rounding your answers to three decimal places.
\(n\) \(2\) \(4\) \(8\) \(16\) \(\ln n\) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \)  Divide each natural logarithm in your table by \(\ln 2\text{.}\) Explain the result.
Answer.
\(n\) \(2\) \(4\) \(8\) \(16\) \(\ln n\) \(0.693 \) \(1.386 \) \(2.079 \) \(2.773 \)  Each quotient equals \(k\text{,}\) where \(n = 2^k\text{.}\) Because \(\ln n = \ln 2^k = k\cdot \ln 2\text{,}\) \(k = \dfrac{\ln n}{\ln 2}\text{.}\)
36.

Fill in the table, rounding your answers to three decimal places.
\(n\) \(5\) \(25\) \(125\) \(625\) \(\ln n\) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \) \(\hphantom{0000} \)  Divide each natural logarithm in your table by \(\ln 5\text{.}\) Explain the result.
Exercise Group.
For Problems 37–42,
 Express each growth or decay law in the form \(N(t) = N_0e^{kt}\text{.}\)
 Check your answer by graphing both forms of the function on the same axes. Do they have the same graph?
37.
\(N(t) = 100\cdot 2^t\)
Answer.
 \(\displaystyle N (t) = 100e^{(\ln 2)t}\approx 100e^{0.6931t}\)
38.
\(N(t) = 50\cdot 3^t\)
39.
\(N(t) = 1200(0.6)^t\)
Answer.
 \(\displaystyle N (t) = 1200e^{(\ln 0.6)t}\approx 1200e^{0.5108t}\)
40.
\(N(t) = 300(0.8)^t\)
41.
\(N(t) = 10(1.15)^t\)
Answer.
 \(\displaystyle N (t) = 10e^{(\ln 1.15)t}\approx 10e^{0.1398t}\)
42.
\(N(t) = 1000(1.04)^t\)
Applications
43.
The number of bacteria in a culture grows according to the function
\begin{equation*}
N(t) = N_0 e^{0.04t}
\end{equation*}
where \(N_0\) is the number of bacteria present at time \(t = 0\) and \(t\) is the time in hours.
 Write a growth law for a sample in which 6000 bacteria were present initially.
 Make a table of values for \(N(t)\) in 5hour intervals over the first 30 hours.
 Graph \(N(t) \text{.}\)
 How many bacteria were present at \(t = 24\) hours?
 How much time must elapse (to the nearest tenth of an hour) for the original 6000 bacteria to increase to 100,000?
Answer.
 \(\displaystyle N(t)=6000e^{0.04t} \)
\(t\) \(0\) \(5\) \(10\) \(15\) \(20\) \(25\) \(30\) \(N(t)\) \(6000\) \(7328\) \(8951\) \(10,933\) \(13,353\) \(16,310\) \(19,921\)  15,670
 70.3 hrs
44.
Hope invests $2000 in a savings account that pays \(5\frac{1}{2}\%\) annual interest compounded continuously.
 Write a formula that gives the amount of money \(A(t)\) in Hope’s account after \(t\) years.
 Make a table of values for \(A(t)\) in 2year intervals over the first 10 years.
 Graph \(A(t) \text{.}\)
 How much will Hope’s account be worth after 7 years?
 How long will it take for the account to grow to $5000?
45.
The intensity, \(I\) (in lumens), of a light beam after passing through \(t\) centimeters of a filter having an absorption coefficient of \(0.1\) is given by the function
\begin{equation*}
I (t) = 1000e^{0.1t}
\end{equation*}
 Graph \(I (t)\text{.}\)
 What is the intensity (to the nearest tenth of a lumen) of a light beam that has passed through 0.6 centimeter of the filter?
 How many centimeters (to the nearest tenth) of the filter will reduce the illumination to 800 lumens?
Answer.
 941.8 lumens
 2.2 cm
46.
Xrays can be absorbed by a lead plate so that
\begin{equation*}
I (t) = I_0 e^{1.88t}
\end{equation*}
where \(I_0\) is the Xray count at the source and \(I (t)\) is the Xray count behind a lead plate of thickness \(t\) inches.
 Graph \(I (t)\text{.}\)
 What percent of an Xray beam will penetrate a lead plate \(\frac{1}{2}\) inch thick?
 How thick should the lead plate be in order to screen out 70% of the Xrays?
47.
The population of Citrus Valley was 20,000 in 2000. In 2010, it was 35,000.
 What is \(P_0\) if \(t = 0\) in 2000?
 Use the population in 2010 to find the growth factor \(e^k\text{.}\)
 Write a growth law of the form \(P(t) = P_0 e^{kt}\) for the population of Citrus Valley.
 If it continues at the same rate of growth, what will the population be in 2030?
Answer.
 20,000
 \(\displaystyle \left(\dfrac{35,000}{20,000} \right)^{1/10}\approx e^{0.056} \)
 \(\displaystyle P(t) = 20,000e^{0.056t} \)
 107,188
48.
A copy of Time magazine cost $1.50 in 1981. In 1988, the cover price had increased to $2.00.
 What is \(P_0\) if \(t = 0\) in 1981?
 Use the price in 1988 to find the growth factor \(e^k\text{.}\)
 Find a growth law of the form \(P(t) = P_0e^{kt}\) for the price of Time.
 In 1999, a copy of Time cost $3.50. Did the price of the magazine continue to grow at the same rate from 1981 to 1999?
49.
Cobalt60 is a radioactive isotope used in the treatment of cancer. A 500milligram sample of cobalt60 decays to 385 milligrams after 2 years.
 Using \(P_0 = 500\text{,}\) find the decay factor \(e^k\) for cobalt60.
 Write a decay law \(N(t) = N_0e^{kt}\) for cobalt60.
 How much of the original sample will be left after 10 years?
Answer.
 \(\displaystyle \left(\dfrac{385}{500} \right)^{1/2}\approx e^{0.1307} \)
 \(\displaystyle N(t) = 500e^{0.1307t} \)
 135.3 mg
50.
Weed seeds can survive for a number of years in the soil. An experiment on cultivated land found 155 million weed seeds per acre, and in the following years the experimenters prevented the seeds from coming to maturity and producing new weeds. Four years later, there were 13.6 million seeds per acre. (Source: Burton, 1998)
 Find the annual decay factor \(e^k\) for the number of weed seeds in the soil.
 Write an exponential formula with base \(e\) for the number of weed seeds that survived after \(t\) years.
Exercise Group.
Problems 51–58 are about doubling time and halflife.
51.
Delbert invests $500 in an account that pays 9.5% interest compounded continuously.
 Write a formula for \(A(t)\) that gives the amount of money in Delbert’s account after \(t\) years.
 How long will it take Delbert’s investment to double to $1000?
 How long will it take Delbert’s money to double again, to $2000?
 Graph \(A(t)\) and illustrate the doubling time on your graph.
 Choose any point \((t_1, A_1)\) on the graph, then find the point on the graph with vertical coordinate \(2A_1\text{.}\) Verify that the difference in the \(t\)coordinates of the two points is the doubling time.
Answer.
 \(\displaystyle A(t) = 500e^{0.095t}\)
 7.3 years
 7.3 years
d–e
52.
The growth of plant populations can be measured by the amount of pollen they produce. The pollen from a population of pine trees that lived more than 9500 years ago in Norfolk, England, was deposited in the layers of sediment in a lake basin and dated with radiocarbon techniques.
The figure shows the rate of pollen accumulation plotted against time, and the fitted curve \(P(t) = 650e^{0.00932t}\text{.}\) (Source: Burton, 1998)
 What was the annual rate of growth in pollen accumulation?
 Find the doubling time for the pollen accumulation, that is, the time it took for the accumulation rate to double.
 By what factor did the pollen accumulation rate increase over a period of 500 years?
53.
Technetium99m (Tc99m) is an artificially produced radionuclide used as a tracer for producing images of internal organs such as the heart, liver, and thyroid. A solution of Tc99m with initial radioactivity of 10,000 becquerels (Bq) decays according to the formula
\begin{equation*}
N(t) = 10,000e^{0.1155t}
\end{equation*}
where \(t\) is in hours.
 How long will it take the radioactivity to fall to half its initial value, or 5000 Bq?
 How long will it take the radioactivity to be halved again?
 Graph \(N(t)\) and illustrate the halflife on your graph.
 Choose any point \((t_1, N_1)\) on the graph, then find the point on the graph with vertical coordinate \(0.5N_1\text{.}\) Verify that the difference in the \(t\)coordinates of the two points is the halflife.
Answer.
 6 hours
 6 hours
54.
All living things contain a certain amount of the isotope carbon14. When an organism dies, the carbon14 decays according to the formula
\begin{equation*}
N(t) = N_0e^{0.000124t}
\end{equation*}
where \(t\) is measured in years. Scientists can estimate the age of an organic object by measuring the amount of carbon14 remaining.
 When the Dead Sea scrolls were discovered in 1947, they had 78.8% of their original carbon14. How old were the Dead Sea scrolls then?
 What is the halflife of carbon14, that is, how long does it take for half of an object’s carbon14 to decay?
55.
The halflife of iodine131 is approximately 8 days.
 If a sample initially contains \(N_0\) grams of iodine131, how much will it contain after 8 days? How much will it contain after 16 days? After 32 days?
 Use your answers to part (a) to sketch a graph of \(N(t)\text{,}\) the amount of iodine131 remaining, versus time. (Choose an arbitrary height for \(N_0\) on the vertical axis.)
 Calculate \(k\text{,}\) and hence find a decay law of the form \(N(t) = N_0e^{kt}\text{,}\) where \(k \lt 0\text{,}\) for iodine131.
Answer.
 \(\frac{1}{2}N_0 \text{,}\) \(\frac{1}{4}N_0 \text{,}\) \(\frac{1}{16}N_0\)
 \(\displaystyle N (t) = N_0e^{0.0866t}\)
56.
The halflife of hydrogen3 is 12.5 years.
 If a sample initially contains \(N_0\) grams of hydrogen3, how much will it contain after 12.5 years? How much will it contain after 25 years?
 Use your answers to part (a) to sketch a graph of \(N(t)\text{,}\) the amount of hydrogen3 remaining, versus time. (Choose an arbitrary height for \(N_0\) on the vertical axis.)
 Calculate \(k\text{,}\) and hence find a decay law of the form \(N(t) = N_0e^{kt}\text{,}\) where \(k\lt 0\text{,}\) for hydrogen3.
57.
A Geiger counter measures the amount of radioactive material present in a substance. The table shows the count rate for a sample of iodine128 as a function of time. (Source: Hunt and Sykes, 1984)
Time (min)  \(0\)  \(10\)  \(20\)  \(30\)  \(40\)  \(50\)  \(60\)  \(70\)  \(80\)  \(90\) 
Counts/sec  \(120\)  \(90\)  \(69\)  \(54\)  \(42\)  \(33\)  \(25\)  \(19\)  \(15\)  \(13\) 
 Graph the data and use your calculator’s exponential regression feature to fit a curve to them.
 Write your equation in the form \(G(t) = G_0e^{kt}\text{.}\)
 Calculate the halflife of iodine128.
Answer.

\(\displaystyle y = 116 (0.975)^t\)
 \(\displaystyle G (t) = 116e^{0.025t}\)
 28 minutes
58.
The table shows the count rate for sodium24 registered by a Geiger counter as a function of time. (Source: Hunt and Sykes, 1984)
Time (min)  \(0\)  \(10\)  \(20\)  \(30\)  \(40\)  \(50\)  \(60\)  \(70\)  \(80\)  \(90\) 
Counts/sec  \(180\)  \(112\)  \(71\)  \(45\)  \(28\)  \(18\)  \(11\)  \(7\)  \(4\)  \(3\) 
 Graph the data and use your calculator’s exponential regression feature to fit a curve to them.
 Write your equation in the form \(G(t) = G_0e^{kt}\text{.}\)
 Calculate the halflife of sodium24.
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