Because they are so closely related to exponential functions, logarithms have a number of applications in real life, especially when calculating the pH of any chemical substance or measuring the loudness of sounds through the use of decibels. Both of these activities, common in many different industries, require an understanding and application of logarithmic functions.Know More
The utility of logarithmic functions extends beyond just chemistry and sound engineering. Logarithms can be applied to solve complex problems in almost any situation that also involves the use of exponential functions. For example, determining different aspects of the photographic quality of an image can be broken down into logarithmic pieces. This is possible because information about the photograph, such as the ratio of incident light to transmitted light, can be expressed in mathematical ways. These ratios and variables can then be manipulated with logarithms to extract information about the photo and ensure its quality.
Logarithms are also invaluable in the real-world finance industry. Through the use of logarithmic and exponential functions, financial experts can determine the value of money that has been invested or loaned over time, with a number of different fluctuating variables. For finance companies, it is important to know the future and present values of sums of money. They utilize the power of logarithmic equations to efficiently estimate these values.Learn more about Algebra
People use algebra in their daily lives when they make decisions about health, fitness, financial and money matters and when cooking. Algebra involves the use of known variables and fixed numbers in equations to find the values of unknown numbers.Full Answer >
There are several applications of matrices in multiple branches of science and different mathematical disciplines. Most of them utilize the compact representation of a set of numbers within a matrix.Full Answer >
Quadratic equations govern many real world situations such as throwing a ball, calculating certain prices, construction, certain motions and electronics. They are most often used to describe motion of some sort.Full Answer >
There are many applications in which calculus is used in real life, such as calculating minimum payments due on credit cards, determining the length of cable required to connect two substations and evaluating survey data. Just as geometry is the mathematical study of shapes, calculus is the mathematical study of change.Full Answer >