Exponential and Logarithmic Functions

REASONING Use the properties of exponents to prove the Power Property of Logarithms.
OPEN ENDED Give an example of a quantity that grows or decays at a fixed rate. Write a real-world problem involving the rate and solve by using logarithms.
Writing in Math Use the information about banking on page 556 to explain how the natural base e is used in banking. Include an explanation of how to calculate the value of an account whose interest is compounded continuously, and an explanation of how to use natural logarithms to find the time at which the account will have a specified value in your answer.

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Exponential and Logarithmic Functions

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