Math1325 Lecture 11 2 - Derivatives of Exponential

Michael Bailey
11 May 201608:58
EducationalLearning
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TLDRThe video script is an educational discussion on the derivatives of exponential functions, focusing on the natural exponential function with Euler's constant as the base. It highlights the unique property that the derivative of e^x is the function itself. The script delves into applying the chain rule to exponential functions where the base is a function of x, using examples to illustrate the process. It also covers the product rule and quotient rule in the context of exponential functions. The application of exponential functions in financial growth is explored, specifically continuous compounding, with an example calculation of the future value of an investment and its growth rate. The script concludes with a look at exponential functions with bases other than e, discussing the derivative of a constant raised to the power of x and providing a formula for the derivative when the base is a constant and the exponent is a function of x.

Takeaways
  • ๐Ÿ“ˆ The derivative of the natural exponential function e^x is the same as the function itself, e^x.
  • ๐Ÿ”— For a composite exponential function f(u) = e^u where u is a function of x, the derivative is e^u times the derivative of u.
  • ๐Ÿ“š The chain rule is applied when differentiating exponential functions with a variable base, such as e^(4x^3).
  • โœ… The derivative of e^(4x^3) is 12x^2 * e^(4x^3), following the power rule and the chain rule.
  • ๐Ÿค The product rule is used when differentiating the function 3t * e^(3t^2 + 5t), combining the derivative of each part.
  • ๐Ÿงฎ Simplifying the derivative of the product rule example yields 3t(60 + 5) * e^(3t^2 + 5t) after factoring out constants and the exponential term.
  • ๐Ÿ’ก The quotient rule is applied when differentiating a function with a numerator and denominator, such as e^(3w) / (3w^2 + 3w).
  • ๐Ÿ“Š The derivative of s(t) = 100e^(0.08t) gives the rate of growth of an investment, which is 8e^(0.08) dollars per year after one year.
  • ๐Ÿ”‘ For exponential functions with a base other than e, the derivative is a^x * ln(a) times the derivative of the exponent.
  • ๐ŸŒฑ The derivative of a^x * ln(a) involves multiplying the exponential term by the natural logarithm of the base and the derivative of the exponent.
  • ๐Ÿ“Œ The derivative of an exponential function with a base a and exponent u(x) is a^u * ln(a) * u'(x), showcasing the chain rule in action.
Q & A
  • What is the derivative of the natural exponential function e^x?

    -The derivative of the natural exponential function e^x is the same as the function itself, which is e^x.

  • How does the derivative of an exponential function change when the exponent is a function of x?

    -When the exponent is a function of x, such as f(u) = e^u where u is some function of x, the derivative is still e^u times the derivative of the exponent (u').

  • What is the derivative of e^(4x^3) using the chain rule?

    -The derivative of e^(4x^3) is 12x^2 * e^(4x^3), which is obtained by multiplying e^(4x^3) by the derivative of the exponent 4x^3, which is 12x^2.

  • How is the product rule applied in the case of 3t * e^(3t^2 + 5t)?

    -The derivative involves both the constant multiple rule and the chain rule. The derivative of 3t is 3, and the derivative of e^(3t^2 + 5t) is e^(3t^2 + 5t) times the derivative of the exponent (60 + 5t). The final answer is 3 * 60 + 5 * 3t, which simplifies to 180 + 15t.

  • What is the derivative of the quotient e^(3w) / (e^(3w) * 3)?

    -Using the quotient rule, the derivative is (3 * e^(3w) - e^(3w) * 3w) / (e^(6w) * 9), which simplifies to (1 - 3w) / e^(3w).

  • How is the future value of an investment calculated with continuous compounding at an 8% annual rate?

    -The future value S(T) of an investment with continuous compounding at an 8% annual rate is given by S(T) = 100 * e^(0.08T), where T is the time in years.

  • What is the rate of growth of money in the account after one year, according to the given script?

    -The rate of growth of money in the account after one year is approximately $8.67, as found by evaluating the derivative of S(T) at T = 1.

  • What is the general formula for the derivative of a constant raised to the power of a variable, such as a^x?

    -The derivative of a^x, where a is a constant, is a^x * ln(a), which is the constant times the natural logarithm of the base.

  • How does the derivative of an exponential function change when the base is not Euler's number?

    -When the base is not Euler's number, the derivative of a^u, where u is a function of x, is a^u * ln(a) * u', which is the exponential function times the natural logarithm of the base and the derivative of the exponent.

  • What is the derivative of 4^x * ln(4)?

    -The derivative of 4^x * ln(4) is simply 4^x * ln(4), as ln(4) is a constant factor that can be taken out of the derivative.

  • How is the derivative of the function a^(u(x)) calculated when a is a constant and u(x) is x^2 + x?

    -The derivative is a^(x^2 + x) * ln(a) * (2x + 1), which applies the chain rule by taking the derivative of the exponent and multiplying by the constant ln(a).

Outlines
00:00
๐Ÿ“ˆ Derivatives of Exponential Functions

This paragraph introduces the concept of derivatives for exponential functions, focusing on the natural exponential function with Euler's constant as the base. It explains that the derivative of the function e^x is the function itself, and demonstrates how to apply this to more complex functions involving exponents and the chain rule. Examples include taking the derivative of e^(4x^3) and a product involving e^(3t^2 + 5t). The paragraph also covers the quotient rule for derivatives and provides an application of exponential functions in the context of financial growth, specifically continuous compounding.

05:04
๐Ÿ’น Applications of Exponential Functions in Finance

This paragraph explores the application of exponential functions in financial contexts, particularly in calculating the future value of an investment with continuous compounding. It discusses how to find the rate at which money in an account grows by taking the derivative of the future value function s(T) = 100e^(0.08T). The derivative is calculated, and the growth rate at the end of one year and during the 11th year is determined. The paragraph also touches on exponential functions with bases other than e, showing how to find their derivatives when the base is a constant raised to the power of a variable, and when the exponent itself is a function of the variable.

Mindmap
Keywords
๐Ÿ’กDerivatives
Derivatives in the context of the video refer to the mathematical concept of finding the rate at which a function changes at a particular point. It is a fundamental concept in calculus and is used to analyze the behavior of functions. In the video, derivatives are used to determine the rate of change of exponential functions, which is central to understanding their behavior.
๐Ÿ’กExponential Functions
Exponential functions are mathematical functions where the variable is in the exponent. They are characterized by a constant base raised to the power of the variable. In the video, the focus is on the derivatives of exponential functions, particularly those involving Euler's number (e) as the base, and how they relate to the growth and decay phenomena.
๐Ÿ’กEuler's Constant
Euler's constant, often denoted as 'e', is a fundamental mathematical constant approximately equal to 2.71828. It is the base of the natural logarithm and is used in the video to describe the natural exponential function, which is a key function in calculus and has many applications in science and engineering.
๐Ÿ’กTangent Line
A tangent line is a straight line that touches a curve at a single point without crossing it. In the video, the tangent line is used to illustrate the concept of the derivative, showing how it can be thought of as the slope of the tangent line at a given point on the curve of an exponential function.
๐Ÿ’กChain Rule
The chain rule is a fundamental theorem in calculus for finding the derivative of a composite function. It states that the derivative of a function composed of two functions is the product of the derivative of the outer function and the derivative of the inner function. In the video, the chain rule is applied to find the derivatives of exponential functions where the exponent itself is a function of x.
๐Ÿ’กPower Rule
The power rule is a basic rule in calculus that allows for the differentiation of polynomial terms. It states that the derivative of x to the power of n is n times x to the power of (n-1). In the video, the power rule is used in conjunction with the chain rule to find derivatives of exponential functions where the exponent is a polynomial.
๐Ÿ’กProduct Rule
The product rule is a formula used to find the derivative of a product of two functions. It states that the derivative of the product of two functions is the derivative of the first function times the second function plus the first function times the derivative of the second function. The video uses the product rule to find the derivative of an expression involving a constant and an exponential function.
๐Ÿ’กQuotient Rule
The quotient rule is a method for finding the derivative of a quotient of two functions. It is used when differentiating expressions that are divided by another expression. In the video, the quotient rule is applied to differentiate an exponential function divided by another function, illustrating how to handle such expressions in calculus.
๐Ÿ’กContinuous Compounding
Continuous compounding refers to the process of compounding interest at every instant, as opposed to at discrete intervals. It is an application of exponential functions and is used in the video to calculate the future value of an investment, demonstrating how derivatives are used to find the rate of growth of the investment.
๐Ÿ’กNatural Logarithm
The natural logarithm is the logarithm to the base 'e'. It is the inverse function to the natural exponential function. In the video, the natural logarithm is used in the derivative of an exponential function with a base other than 'e', showing how it relates to the derivative of such functions.
๐Ÿ’กMarginal Growth
Marginal growth, in the context of the video, refers to the additional amount by which an investment grows in a specific period, such as a year. It is derived from the derivative of the future value function and is used to calculate the incremental growth rate of the investment over time.
Highlights

The natural exponential function with Euler's constant as the base has a unique property where its derivative is the same as the function itself.

For a function f(u) = e^u, where u is a function of x, the derivative is e^u times the derivative of u, illustrating the chain rule.

Example given for the derivative of e^(4x^3), resulting in 12x^2 * e^(4x^3) using the power rule and chain rule.

Product rule applied to 3t * e^(3t^2 + 5t), showcasing a combination of constant multiplication, power rule, and chain rule.

Simplified expression for the derivative of the product rule example by factoring out e^(3t^2 + 5t) and reducing the expression.

Quotient rule demonstrated with the derivative of e^(3w)/3, resulting in (1 - 3w) / e^(3w) after simplification.

Application of exponential functions to financial growth, such as continuous compounding of an investment.

Future value of an investment calculated using the formula s(T) = 100 * e^(0.08T), where T is the time in years.

Derivative of the future value function s(T) used to find the rate of growth of the investment, resulting in 8e^(0.08) dollars per year.

Practical example: The investment grows by approximately $8.67 in the second year and $17.80 in the 11th year.

Derivative of an exponential function with a base other than e, such as a^x, results in a^x * ln(a) * derivative of x.

For a constant a raised to a function of x, the derivative involves the natural logarithm of the base a and the derivative of the function.

Example provided for a = 4 and u = x^2 + x, resulting in the derivative 4^(x^2 + x) * ln(4) * (2x + 1).

The importance of expressing rates of change in monetary terms, including cents for accuracy in financial calculations.

The transcript emphasizes the algebraic manipulation and simplification skills required to solve derivative problems.

The use of the chain rule in finding derivatives of composite exponential functions is a recurring theme throughout the transcript.

The transcript provides a comprehensive understanding of derivatives of exponential functions, both in general form and in practical applications.

Transcripts
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