Section 1B

Exponential Functions

🎯 Learning Objectives

  • What an exponential function looks like and how it differs from a linear or quadratic function.
  • Growth vs. decay: how to spot each from the equation.
  • Compound interest and population formulas you must know.
  • How to solve simple exponential equations.
  • The 7 essential exponent rules.
  • Practice questions with worked solutions.

1. What Is an Exponential Function?

Exponential form. b > 0 and b ≠ 1.

y = a · b^x

In an exponential function, the variable lives in the EXPONENT: not in the base. The constant b is called the base.

2. Growth or Decay? Check the Base

❓ What is the base b?

b > 1 ▼

0 < b < 1 ▼

GROWTH: values increase rapidly

DECAY: values decrease toward zero

Equation

Type

Reason

y = 100·(1.05)ˣ

Growth

1.05 > 1 (5% growth)

y = 80·(0.92)ˣ

Decay

0.92 < 1 (8% loss)

y = 50·(2)ˣ

Growth (doubling)

Base 2 > 1

y = 200·(1/2)ˣ

Decay (halving)

Base 1/2 < 1

3. Real-World Models

Compound growth (P initial, r rate, t years)

A = P · (1 + r)^t

Compound decay

A = P · (1 − r)^t

Compound interest n times per year

A = P · (1 + r/n)^(n·t)

4. The 7 Exponent Rules

Rule

Example

x^a · x^b = x^(a+b)

x³ · x² = x⁵

x^a / x^b = x^(a−b)

x⁵ / x² = x³

(x^a)^b = x^(a·b)

(x²)³ = x⁶

(x·y)^a = x^a · y^a

(2x)³ = 8x³

x⁰ = 1 (when x ≠ 0)

5⁰ = 1

x^(−a) = 1 / x^a

x⁻² = 1/x²

x^(1/n) = ⁿ√x

x^(1/2) = √x

5. Solving Exponential Equations

💡 Same Base Strategy

If both sides can be written with the SAME base, set the exponents equal. Example: 2^x = 8 → 2^x = 2³ → x = 3.

📝 Example: Solve 9^x = 27

Same base: 9 = 3² and 27 = 3³.

Rewrite: (3²)^x = 3³ → 3^(2x) = 3³

Set exponents equal: 2x = 3 → x = 3/2

6. Strategies

⚡ STRATEGY 1: Identify Growth or Decay

The base is the only thing that matters. > 1 = growth. < 1 = decay. Done.

⚡ STRATEGY 2: Convert percentages to multipliers

5% growth → multiplier 1.05. 8% decay → multiplier 0.92. 30% growth → 1.30. This conversion saves time on word problems.

⚡ STRATEGY 3: y-intercept of an exponential

Plug x = 0. Since b⁰ = 1, the y-intercept is just a (the leading coefficient).

⚠️ Common Mistakes

  • Confusing 1.05 (growth) with 0.05 (the rate, not the multiplier).
  • Forgetting to convert percentage to a decimal before adding to 1.
  • Computing 2^x as 2x: the variable is the EXPONENT, not a coefficient.
  • Saying decay means negative numbers: decay means values shrink toward zero, not below it.

7. Summary

📌 Key Takeaways

  • Form: y = a · b^x
  • Growth: b > 1
  • Decay: 0 < b < 1
  • Compound growth: A = P(1 + r)^t
  • y-intercept: y = a (since b⁰ = 1)
  • Same-base strategy: Rewrite both sides with same base; set exponents equal.

8. Practice: 10 Questions

Q1. A population of 500 grows by 3% per year. After t years it equals…

A) 500·(0.03)^t B) 500·(1.03)^t C) 500 + 0.03t D) 500·(3)^t

Hint: Growth multiplier = 1.03.

Q2. The function y = 200·(0.85)^x represents…

A) Growth B) Decay C) Constant D) Linear

Hint: Base 0.85 < 1 → decay.

Q3. Solve: 2^x = 32.

A) 4 B) 5 C) 6 D) 16

Hint: 32 = 2⁵.

Q4. Solve: 3^(x+1) = 27.

A) 1 B) 2 C) 3 D) 4

Hint: 27 = 3³, so x + 1 = 3 → x = 2.

Q5. Simplify: x⁵ · x³.

A) x⁸ B) x¹⁵ C) x² D) 2x⁸

Hint: Same base, add exponents.

Q6. Simplify: (x²)³.

A) x⁵ B) x⁶ C) x⁸ D) x⁹

Hint: Multiply exponents.

Q7. A car valued at $30,000 loses 12% of its value per year. Value after t years…

A) 30000·(0.12)^t B) 30000·(0.88)^t C) 30000·(1.12)^t D) 30000 − 12t

Hint: Decay multiplier = 1 − 0.12 = 0.88.

Q8. The y-intercept of y = 6·(2)^x is…

A) 0 B) 2 C) 6 D) 12

Hint: Plug x = 0: y = 6·1 = 6.

Q9. Simplify: 8^(2/3).

A) 2 B) 4 C) 8 D) 16

Hint: 8^(1/3) = 2, then 2² = 4.

Q10. A bacteria culture doubles every hour, starting with 50 bacteria. After t hours…

A) 50 + 2t B) 50·t² C) 50·(2)^t D) 50·(1.02)^t

Hint: Doubling = base 2.

Answer Key & Worked Solutions

#

Answer

Reasoning

Q1.

B) 500·(1.03)^t

Growth → 1 + r.

Q2.

B) Decay

Base < 1.

Q3.

B) 5

32 = 2⁵.

Q4.

B) 2

x + 1 = 3.

Q5.

A) x⁸

Add exponents.

Q6.

B) x⁶

Power-of-power: multiply.

Q7.

B) 30000·(0.88)^t

Decay → 1 − r.

Q8.

C) 6

y-int = leading coefficient.

Q9.

B) 4

(8^(1/3))² = 2² = 4.

Q10.

C) 50·(2)^t

Doubling = base 2.

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