Exponential Function
Maths: Edexcel A Level Pure Maths, topic 6.1.1
Exponential Functions
Functions that are linear show growth or decay that occurs at a steady rate. The exponential function models growth or decay with an increasing rate.

Definition
- For any real number , an exponential function is a function with the form"
- Where is a non-zero real number called the initial value and is any positive real number such that .
- We call the base of the exponential function.
- has base 3.

Exponential growth
- Exponential growth means that the original value increases by the same percentage over equal increments found in the domain.
- As the value grows, so does the percentage of the value.
- Linear growth means the original value increases by the same amount over equal increments found in the domain.

Exponential growth
- The table shows the values for which the exponential function of base 2 is larger than linear and quadratic functions.
- In general, the exponential function will always eventually outgrow any polynomial.

Graph
- The -intercept of an exponential function is .
- For a function with no initial value such as , this intercept is always equal to 1.
- The graph does not cross the -axis, instead getting closer toward it for very large and negative values of .

Properties
- The domain of is all of the real numbers.
- The range is all positive real numbers if .
- The range is all negative real numbers if .
Test yourself on Exponential Function
What is the domain of the function ?
What is the range of the function ?