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1 year, 6 months ago via math-questions.com

What is a logarithm and what are some practical uses for it?

Many students have a difficult time grasping the concept of logarithms that is taught in algebra and never see a point in learning it. Can someone gives examples of why one should know this? What methods will make learning this easier? Will this ever be used in every day life?
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kerryk | 1 year, 4 months ago
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A logarithm is basically another way of writing an exponential equation. If you have an equation of the form b^y=x you can rewrite it as log(base b)x = y. For example 3^y = 125 is the same as log(base 3)125 = y.
There are special rules for logarithms. The logarithm of a product is the same as the sum of the logarithms. For example, log(xy) = log(x)+log(y). The loqarithm of a quotient is the same as the difference of the logarithms. For example, log(x/y) = log(x)-log(y). A problem in the form of log(x)^y is the same as y*log(x). The exponent becomes the coefficient.

There are some practical uses of a logarithm and natural logarithm, which is logarithm to the base e, where e is approximately 2.718281828. If you have 1,000 in an account and want to know how long it will take for it to become 5,000 when you have 8% interest compounded 4 times per year, you can use a natural log to figure it out.

A=P*(1+r/n)e^(nt) where A= 5000, P = 1000, n=4 (number times per year compounded) and r = .08.

5000 = 1000(1+.08/4)e^(4t)
5= (1.02)e^(4t)
take the natural log of both sides (which is denoted as ln)

ln5= ln(1.02)e^(4t)
ln5/ln(1.02) = 4t
t= 20.32 years
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