I am both a Mechanical and an Electrical engineer ( aka use math in real life every day) and I work every day with systems described by exponential or logarithmic functions.
Just to name a few:
In other words, if you want to describe a real life you will probably encounter some exponential function. This comes from the fact that the solution to differential equations ( which govern most of the universe) generally contain an exponential term.
Chat with our AI personalities
One of them is measuring earthquakes.
determing current flow in ammeters
As with most advanced math, if your "real life" involves engineering work, you will use such math; otherwise, you will hardly have anything to do, in this case, with polynomial functions.
Natural logarithms use base e (approximately 2.71828), common logarithms use base 10.
The diameter of a rectangular area is the square root of the length squared plus the width squared. D = √(L²+W²).