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An exponential function has the variable in the power, like . That one structural change produces explosive growth (or rapid decay) — the mathematics behind populations, interest, viruses and radioactive decay.
The big picture
You have met powers where the base varies and the exponent is fixed, like . An turns this around: the exponent varies and the base is fixed, like . That swap changes everything. A polynomial grows steadily; an exponential (or halves) at a constant rate, so it eventually outgrows any polynomial — the reason “exponential growth” is a byword for “fast”. This chapter builds the language for all such change, and this first lesson establishes the shape and behaviour that logarithms (the inverse) will later let you control.
What you'll be able to do
An has the form , where the base is a positive constant and the variable is the . Compare (exponential — the power changes) with (a power function — the base changes). They behave completely differently.
Because , an exponential output is always positive, and means every exponential graph passes through .
The defining feature is that the function multiplies by the same factor for each unit increase in : doubles every time rises by 1. Constant multiplicative growth is what makes exponentials outrun any polynomial in the long run.
The base decides the direction. If , the function — rising ever more steeply as increases (exponential growth). If , it — falling towards zero (exponential decay). In both cases the graph hugs the -axis on one side: is a the curve approaches but never reaches.
Tip — , so a decay curve is just the growth curve reflected in the -axis. One shape, two directions.
Exponentials model any quantity that changes by a fixed percentage per step: savings with compound interest, a population reproducing, a drug clearing from the blood, radioactive decay. A model like has as the starting amount and as the per-unit growth (or decay) factor.
Think like an examiner
Common misconceptions
Exponential facts
Stretch yourself
Explain why eventually exceeds , even though is much larger for small .
Hint — Compare how each grows when increases by 1. What does each get multiplied by?
Questions students ask
Key takeaways
How this fits the course
Build on
Leads to
Test yourself
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