Exponential Function
Exponential Function
Definition:
An exponential function with base b is a
function of the form 𝑓(𝑥)= 𝑏𝑥 or 𝑦 = 𝑏𝑥
where (𝑏 > 0,𝑏 ≠ 1)
Representing Real- Life Situations Using Exponential
Functions
Exponential Models and Population Growth
EXAMPLE 1.
Suppose that the half-life of a certain radioactive substance is 10
days and there are 10g initially, determine the amount of substance
remaining after 30 days and give an exponential model for the
amount of remaining substance.
EXAMPLE 1.
𝑡
1 10
An exponential model for this situation is 𝑦 = 10
2
Representing Real- Life Situations Using Exponential
Functions
Compound Interest
If a principal P is invested at an annual rate r compounded
annually, then the amount after t years is given by 𝑨 = 𝑷(𝟏 + 𝒓)𝒕.
EXAMPLE 1.