Introduction to Exponential Functions
Learn what exponential functions are, how they differ from linear and polynomial functions, and why they model explosive growth and decay.
Definition
An exponential function is a function of the form:
where:
- is the initial value (the y-intercept when )
- is the base (must be positive and )
- is the exponent (the independent variable)
Key properties:
- If : Exponential growth (function increases rapidly)
- If : Exponential decay (function decreases toward zero)
- The graph always passes through because
- The x-axis is a horizontal asymptote (the graph approaches but never touches )
Comparison with other functions:
- Linear: , constant rate of change
- Quadratic: , variable in the base
- Exponential: , variable in the exponent
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Which function is exponential?
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Exponential Functions Explained | Growth and Decay
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y = a·b^xAsymptote
Table of values
| x | -2 | -1 | 0 | 1 | 2 | 3 |
|---|---|---|---|---|---|---|
| y | 0.25 | 0.5 | 1 | 2 | 4 | 8 |
2³ = 8
3
See how powers of a number grow on the number line. Change the base and exponent.
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y = 2^x
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Practice Problems
15 problemsProblem 1 of 15
Easy
Which function is exponential?
Glossary
- Exponential function
- A function of the form where the variable is in the exponent
- Base
- The constant that is raised to the power in an exponential function
- Initial value
- The constant in ; equals since
- Exponential growth
- When , the function increases rapidly as increases
- Exponential decay
- When , the function decreases toward zero as increases
- Horizontal asymptote
- A line that the graph approaches but never crosses; for with , this is
- Half-life
- The time required for a quantity to reduce to half its initial value in exponential decay
- Growth factor
- The base in exponential growth; for compound interest, where is the rate