Understanding Exponential Functions
An exponential function is a mathematical function that has a variable as the exponent of a constant number. The general form of an exponential function is with , , and .
Components of exponential functions:
In the function :
- is the multiplier constant that determines the initial value of the function
- is the exponential base that determines the rate of growth or decay
- is the independent variable (exponent)
Characteristics of Exponential Functions
Exponential functions have several special properties that distinguish them from other functions:
Basic Properties
Types of Exponential Functions
Exponential Growth Function ():
- Function values increase as increases
- Graph rises from left to right
- Example:
Exponential Decay Function ():
- Function values decrease as increases
- Graph falls from left to right
- Example:
Graphs of Exponential Functions
The following is a visualization of various exponential functions:
Comparison of function values and :
x | -2 | -1 | 0 | 1 | 2 | 3 |
---|---|---|---|---|---|---|
0.25 | 0.5 | 1 | 2 | 4 | 8 | |
4 | 2 | 1 | 0.5 | 0.25 | 0.125 |
Transformations of Exponential Functions
Exponential functions can be transformed in various ways:
Vertical Translation
The function shifts the graph upward (if ) or downward (if ).
Horizontal Translation
The function shifts the graph to the right (if ) or to the left (if ).
Applications of Exponential Functions
Exponential functions are widely used in daily life:
Population Growth
Living organism populations often follow exponential growth patterns. If the initial population is and the growth rate is per time period, then:
Example: Bacterial population that reproduces every hour at a rate of 20%:
- Initial population: 1000 bacteria
- Growth rate:
- Function:
Bacterial Growth Table
Time (hours) | 0 | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|---|
Population | 1000 | 1200 | 1440 | 1728 | 2074 | 2488 |
Radioactive Decay
Radioactive substances decay following exponential functions. If the initial mass is and the half-life is , then:
Compound Interest
Investments with compound interest grow exponentially. If the initial capital is , interest rate is per year, and time is years:
where is the frequency of interest compounding per year.
Exponential Equations
An exponential equation is an equation that contains a variable in the exponent. General form:
Method 1: Equalizing Bases
If , then
Example: Solve
Method 2: Using Logarithms
To solve , use logarithms:
Exercises
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Determine the value of if
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Solve the equation
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A city's population is 50,000 people and grows 3% per year. What will the population be after 10 years?
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A radioactive substance has a half-life of 5 years. If the initial mass is 100 grams, how much mass remains after 15 years?
Answer Key
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, so , therefore
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people
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grams