Jobs That Use Exponents
by Ron White, Demand Media
Electrical engineers use exponents to do their jobs.
Finance Jobs
Exponents play a key role in the finance industry. Bankers, investors and accountants use exponents to calculate interest earned on investments, interest due on loans and depreciation of assets. These professionals plug numbers into equations, which have variables for principal, the interest rate applied, the frequency at which interest is compounded and the number of months or years remaining in the loan or investment account. The equations allow banks to figure monthly mortgage and auto loan payments, and give investors information about how much they are earning on savings accounts, pension plans and stock portfolios.Scientists
Chemists, biologists, physicists and other scientists use exponents to make calculations. They can measure the half-life of isotopes like uranium by plugging numbers into equations featuring exponents. The half-life determines the time needed for the isotope to decay by half. Scientists also can measure growth of bacteria, which doubles in size over time if allowed to grow. Exponents also figure into a formula used by geoscientists to determine the intensity of earthquakes. The formula allows them to calculate magnitude on the Richter scale. Volume and area calculations also require the use of exponents.
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