An exponential function is a function in which the variable appears in the exponent.
It is generally written as: f(x) = ax
The value of the function changes exponentially as x changes.
The most important exponential function uses Euler's number e as the base:
Examples
- f(x) = 2x
- f(x) = (1/2)x
- f(x) = 3e2x
- f(x) = 4 (3)-0.5x
Exponential Growth
Exponential growth occurs when a quantity increases at a rate proportional to its current value. The amount grows slowly at first and then more rapidly over time.
The exponential growth formula is :
y = a (1 + r) x , where a = initial value, r = growth rate ,x = time or number of periods
Exponential Decay
In Exponential Decay, the quantity decreases rapidly at first, then gradually. The rate of change slows over time. The rate of change slows with time. The rapid rise was supposed to create an "exponential decline."
The formula for exponential growth is as follows:
y = a (1 - r) x
Exponential Series
The following power series can be used to define the real exponential function.
ex = ∑∞n=0 xn/n! = (1/1) + (x/1) + (x2/2) + (x3/6) + ...
Some other exponential functions' expansions are illustrated below,
e = ∑∞n=0 xn/n! = (1/1) + (1/1) + (1/2) + (1/6) + ...
e-1 = ∑∞n=0 xn/n! = (1/1) - (1/1) + (1/2) - (1/6) + ...
Exponential Function Rules
The following are some important exponential rules:
For any real numbers x and y, if a > 0 and b > 0, the following is true:
- ax ay = a x + y
- ax/ay = ax-y
- (ax)y = a xy
- axbx = (ab)x
- (a/b)x = ax/bx
- a0 = 1
- a-x = 1/ ax
Exponential Function Derivative Formula
The differentiation formulas that are used to obtain the exponential function's derivative.
d/dx (ex) = ex
d/dx (ax) = ax · ln a
Exponential Function Integration Formula
The integral of an exponential function is calculated using integration formulae.
∫ ex dx = ex + C
∫ ax dx = ax / (ln a) + C
Applications
Some applications of exponential function formulas are:
- Population Growth: Modeling populations growing over time.
- Radioactive Decay: Describing the decay of radioactive substances.
- Compound Interest: Calculating interest in finance.
- Physics and Engineering: Modeling processes like cooling and heating.
Solved Problems
Problem 1: In 2010, a town had 100,000 inhabitants. How many citizens will there be in ten years if the population grows at an annual rate of 8%?
Initial population is, a = 100,000.
Rate of growth is, r = 8% = 0.08.
Time is, x = 10 years.Using exponential growth formula,
f(x) = a (1 + r)x
f(x) = 100000(1 + 0.08)10
f(x) ≈ 215,892
Problem 2: Carbon-14 has a half-life of 5,730 years. What is the quantity of carbon left after 2000 years if there were 1000 kilos of carbon at the start?
Using the given data, we can say that carbon-14 is decaying and hence we use the formula of exponential decay.
P = P0 e-k t ... (1),
Here, P0= initial amount of carbon = 1000 grams.
It is given that the half-life of carbon-14 is 5,730 years. It means
P = P0/ 2 = 1000 / 2 = 500 grams.Substitute all these values in (1),
500 = 1000 e-k (5730)Dividing both sides by 1000,
0.5 = e-k (5730)Taking "ln" on both sides,
ln 0.5 = -5730kDividing both sides by -5730,
k = ln 0.5 / (-5730) ≈ 0.00012097We have to find the amount of carbon that is left after 2000 years. Substitute t = 2000 in (1),
P = 1000 e -(0.00012097) (2000) ≈ 785 grams.
Problem 3: Simplify the following exponential expression: 3x - 3x+2.
Given exponential equation: 3x - 3x+2
By using the property: ax ay = ax+y
Hence, 3x+2 can be written as 3x.32
Thus the given equation is written as: 3x - 3x+2 = 3x - 3x·9
Now, factor out the term 3x
3x - 3x+2 = 3x - 3x·9 = 3x(1 - 9)
3x - 3x+2 = 3x(-8)
3x - 3x+2 = -8(3x)Therefore, the simplification of the given exponential equation 3x-3x+1 is -8(3x).
Problem 4: Solve the exponential equation: (¼)x = 64.
Given exponential equation is: (¼)x = 64
Using the exponential rule (a/b)x = ax/bx , we get;
1x/4x = 43
1/4x = 43 [since 1x = 1]
(1)(4-x) = 43
4-x = 43Here, bases are equal.
So, x = -3
Problem 5: Simplify the exponential function 2x – 2x+1.
Given exponential function: 2x – 2x+1
By using the property: ax ay = a x + y
Hence, 2x+1 can be written as 2x. 2
Thus, the given function is written as: 2x - 2x+1 = 2x - 2x. 2
Now, factor out the term 2x
2x - 2x+1 = 2x - 2x. 2 = 2x(1-2)
2x - 2x+1 = 2x(-1)
2x - 2x+1 = – 2xTherefore, the simplification of the given exponential function 2x – 2x+1 is – 2x.
Practice Problems
Question 1: Simplify the exponential function: y = (34)2 + 2.
Question 2: Find the value of x given that: (x /2)2 = 4.
Question 3: Integrate the exponential function e3x + 2.
Question 4: Differentiate the exponential function 2x + e4x.
Question 5: Solve: 5x + 5x+1 = 150.