This chapter introduces exponential and logarithmic functions. Exponential functions take the form f(x) = bx and model continuous exponential growth or decay. Their inverse functions are logarithmic functions of the form x = logb y. Key points covered include:
- Exponential growth occurs when b > 1 and decay when 0 < b < 1.
- Logarithmic functions have a domain of positive real numbers and range of all real numbers. Their graphs are reflections of exponential graphs in the line y = x.
- Important properties are established, such as logb(bn) = n, logb1 = 0, and the relationship between exponential and logarithmic forms of an equation.