Exponential Functions

Properties and graphs of exponential functions

Exponential Functions

Definition

An exponential function has the form: f(x)=abxf(x) = a \cdot b^x

where:

  • aa = initial value (y-intercept when x=0x = 0)
  • bb = base (growth/decay factor)
  • xx = exponent (input variable)

Growth vs. Decay

Exponential Growth: b>1b > 1

  • Function increases
  • Example: f(x)=2xf(x) = 2^x

Exponential Decay: 0<b<10 < b < 1

  • Function decreases
  • Example: f(x)=(12)xf(x) = (\frac{1}{2})^x

Properties

  • Domain: All real numbers
  • Range: (0,)(0, \infty) if a>0a > 0
  • Y-intercept: (0,a)(0, a)
  • Horizontal asymptote: y=0y = 0
  • Never touches or crosses x-axis

Exponential Growth/Decay Formula

A=A0(1+r)tA = A_0(1 + r)^t

where:

  • AA = final amount
  • A0A_0 = initial amount
  • rr = rate (as decimal)
  • tt = time

Growth: r>0r > 0 (add) Decay: r<0r < 0 (subtract)

📚 Practice Problems

1Problem 1easy

Question:

Evaluate: 2⁵

💡 Show Solution

Step 1: Calculate the power: 2⁵ = 2 × 2 × 2 × 2 × 2

Step 2: Multiply step by step: 2 × 2 = 4 4 × 2 = 8 8 × 2 = 16 16 × 2 = 32

Answer: 32

2Problem 2easy

Question:

Evaluate: f(x)=32xf(x) = 3 \cdot 2^x when x=4x = 4

💡 Show Solution

Substitute x=4x = 4 into the function:

f(4)=324f(4) = 3 \cdot 2^4 =316= 3 \cdot 16 =48= 48

Answer: f(4)=48f(4) = 48

3Problem 3easy

Question:

Simplify: (3²)(3⁴)

💡 Show Solution

Step 1: Use the product rule for exponents: aᵐ · aⁿ = aᵐ⁺ⁿ

Step 2: Add the exponents: (3²)(3⁴) = 3²⁺⁴ = 3⁶

Step 3: Evaluate (optional): 3⁶ = 729

Answer: 3⁶ or 729

4Problem 4medium

Question:

A population of bacteria doubles every 3 hours. If there are initially 500 bacteria, how many will there be after 12 hours?

💡 Show Solution

Step 1: Determine how many doubling periods 12 hours3 hours/doubling=4 doublings\frac{12 \text{ hours}}{3 \text{ hours/doubling}} = 4 \text{ doublings}

Step 2: Use the formula A=A02nA = A_0 \cdot 2^n A=50024A = 500 \cdot 2^4 =50016= 500 \cdot 16 =8000= 8000

Answer: 8,000 bacteria

5Problem 5medium

Question:

If f(x) = 2ˣ, find f(3), f(-2), and f(0).

💡 Show Solution

Step 1: Find f(3): f(3) = 2³ = 8

Step 2: Find f(-2): f(-2) = 2⁻² = 1/(2²) = 1/4

Step 3: Find f(0): f(0) = 2⁰ = 1

Step 4: Note the pattern:

  • Positive exponent: regular multiplication
  • Negative exponent: reciprocal
  • Zero exponent: always equals 1

Answer: f(3) = 8, f(-2) = 1/4, f(0) = 1

6Problem 6medium

Question:

A bacteria population doubles every 3 hours. If there are initially 500 bacteria, write an exponential function P(t) for the population after t hours.

💡 Show Solution

Step 1: Identify the exponential growth formula: P(t) = P₀ · aᵗ/ᵏ

Where:

  • P₀ = initial population
  • a = growth factor
  • k = time period for one growth cycle

Step 2: Identify the values: P₀ = 500 (initial population) a = 2 (doubles) k = 3 (every 3 hours)

Step 3: Write the function: P(t) = 500 · 2ᵗ/³

Step 4: Verify: At t = 0: P(0) = 500 · 2⁰ = 500 ✓ At t = 3: P(3) = 500 · 2³/³ = 500 · 2 = 1000 ✓ At t = 6: P(6) = 500 · 2⁶/³ = 500 · 4 = 2000 ✓

Answer: P(t) = 500 · 2ᵗ/³

7Problem 7hard

Question:

A car depreciates at 15% per year. If it costs $25,000 new, what will it be worth after 5 years?

💡 Show Solution

Use the decay formula: A=A0(1r)tA = A_0(1 - r)^t

Given:

  • A0=25000A_0 = 25000
  • r=0.15r = 0.15 (15% decay)
  • t=5t = 5 years

Substitute: A=25000(10.15)5A = 25000(1 - 0.15)^5 =25000(0.85)5= 25000(0.85)^5 =25000(0.4437...)= 25000(0.4437...) 11,093\approx 11,093

Answer: Approximately $11,093

8Problem 8hard

Question:

A car purchased for $25,000 depreciates at a rate of 15% per year. Write an exponential decay function V(t) for the car's value after t years, and find its value after 5 years.

💡 Show Solution

Step 1: Identify the exponential decay formula: V(t) = V₀(1 - r)ᵗ

Where:

  • V₀ = initial value
  • r = decay rate (as decimal)
  • t = time in years

Step 2: Identify the values: V₀ = 25,000 r = 0.15 (15% as decimal) 1 - r = 0.85

Step 3: Write the function: V(t) = 25,000(0.85)ᵗ

Step 4: Find value after 5 years: V(5) = 25,000(0.85)⁵

Step 5: Calculate (0.85)⁵: 0.85⁵ ≈ 0.4437

Step 6: Find the value: V(5) = 25,000 × 0.4437 V(5) ≈ $11,092.50

Step 7: Interpret: After 5 years, the car has lost about 56% of its value Original: 25,000After5years:25,000 After 5 years: 11,092.50 Lost: $13,907.50

Answer: V(t) = 25,000(0.85)ᵗ; After 5 years: approximately $11,092.50