What is a Logarithmic Function?
Have you ever wondered how long it takes for your investment to double? The answer lies in logarithmic functions! A logarithm is the "inverse" of an exponential. If exponential answers "what is the result?", then logarithm answers "what is the exponent?".
Let's start with a simple example. If we have:
Question: "What power of gives ?" The answer is . This is what logarithm answers: