3 Exponential Functions and their applications conceptsAugust 24th, 2012 BY EcoPoint India (0 comments)
Any function of the form f(x) = bx ,where b > 0 and b ≠0, is an exponential function.
In these videos, we explain
- Why such a form (f(x) = bx ,where b > 0 and b ≠0) for exponential functions?
- Why we don’t consider negative base in exponential functions?
- How to draw graphs of simple exponential function?
- What are the properties of an exponential function?
- How to draw a graph of f(x) = ex ? How to derive the value of e = 2.718, using Taylor’s series?
- Lastly, we will be doing an application of an exponential function, where we derive the formula for continuous interest compounding
What is an exponential function
Drawing the graph of e^x and deriving e=2.718
Continuous interest compunding-application of exponential function