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Every index you have met so far has been a fixed number. Move the variable into the index instead — rather than — and you get an , whose behaviour is unlike anything polynomial. OCR requires you to know the shape of , recognise growth and decay, and understand what makes the special base.
The big picture
Exponential functions describe anything whose rate of change is proportional to how much of it there currently is: compound interest, radioactive decay, cooling coffee, spreading infection, charging capacitors. That single property — the bigger it is, the faster it changes — is what separates exponential growth from the steady growth of a straight line, and it is why exponential curves eventually outrun every polynomial no matter how high the power. When you meet differential equations later, turns out to be the function that solves the simplest one of all, and the reason will be the gradient property in the last section of this lesson.
What you'll be able to do
Compare and at . The first gives — differences of , growing steadily. The second gives — each value is the last. Multiplying rather than adding is the whole difference, and it is why exponentials eventually win: by the polynomial is at 100 and the exponential is at 1024.
For with , the graph passes through for every base, because . It never touches the -axis: is positive for all , so the -axis is a horizontal .
The constant ratio is the identifying feature. If a table of values multiplies by the same factor for each equal step in , the relationship is exponential — however the numbers are dressed up. A constant would mean linear.
When the function grows: rising slowly at first, then steeply, with the -axis as an asymptote to the left. When each step multiplies by a number less than one, so the function decays — falling steeply at first, then flattening towards the axis on the right.
The two cases are reflections of each other. Since , the decay curve for base is exactly the growth curve for base 2 reflected in the -axis. Any decay can be written as growth with a negative index, which is often the more useful form.
Tip — Whatever the base, the curve goes through and stays strictly positive. A sketch that crosses or touches the -axis is wrong.
Real models rarely start at 1, so they are written . Setting gives , so . The base is the : means a 5% increase each step, means a 10% decrease.
Reading the numbers back into English is where most modelling marks are. A model with in years says: 2000 to begin with, growing 3% a year.
Tip — The base is the multiplier, not the percentage. A 12% rise gives ; a 12% fall gives . Writing for a 12% fall is the standard slip.
Every exponential curve has a gradient proportional to its own height — that is the defining property. What changes with the base is the constant of proportionality. For the gradient is about times the height; for it is about times.
Somewhere between 2 and 3 there is a base where that constant is exactly 1 — where the gradient at every point equals the value at that point. That base is , an irrational number, and is called the natural exponential function.
This is the reason appears everywhere in the rest of the course. Differentiating leaves it unchanged, which makes it the natural language for anything whose rate of change is proportional to its size.
is not an arbitrary constant someone picked. It is forced, in the same way was forced: it is the unique base that makes the gradient property as simple as it can possibly be.
Think like an examiner
Common misconceptions
Exponential functions
Stretch yourself
Two colonies start together at 300 cells. Colony A follows and colony B follows , with in hours. Which is larger at , and which is larger at ? What does the comparison show?
Hint — Evaluate both at each time. Do not assume the one that leads early keeps leading.
Questions students ask
Key takeaways
How this fits the course
Related
Leads to
Test yourself
Ready to lock in Exponential Functions? Pick a mode and earn XP & Dobloons.
Real past-paper questions on Exponential Functions, marked mark-by-mark. How you do feeds straight into your weak-topic list, so your revision keeps targeting what actually needs work.