Master exponential functions the easy way, with plain English intuition, growth and decay, asymptotes, transformations, worked examples and an auto marked practice test. VCE Maths Methods Units 3 and 4.
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Money left alone in a savings account does something quietly amazing. It does not grow by the same dollar amount each year. It grows by a slice of itself, so the bigger it gets, the faster it grows, and the line on the graph keeps tilting steeper forever. That runaway, snowballing behaviour is exactly what an exponential function captures, and the same shape describes spreading rumours, cooling coffee and decaying medicine in your bloodstream.
What makes a function exponential
In every function you have met so far the x sat on the ground floor, as in x2 or 3x. An exponential function flips that. Now the x is up in the exponent, riding on top of a fixed number called the base.
y=ax,a>0,a=1
Each time x goes up by one, you multiply by another copy of a. That is the whole personality of the function. Adding gives you straight lines. Repeated multiplying gives you exponentials, and multiplying compounds far faster than adding ever could.
The special base e
Out of all possible bases there is one the whole of calculus is built around, an irrational number close to 2.718 written as e. The function y=ex is special because its steepness at any point is exactly equal to its height there. Nothing else does that. For now just treat e as a particular number a bit under 3, so y=ex is an ordinary growth curve that happens to be the one the exam uses most.
Growth, decay and the floor it never touches
Whether y=ax climbs or falls comes down to one thing.
If a>1 the curve grows, sweeping upward to the right.
If 0<a<1 the curve decays, sliding downward to the right.
A negative sign in the power flips growth into decay, because a−x is the same as (a1)x. So e−x is a decay curve even though its base is bigger than one.
Here is the feature examiners love. As x heads far to the left, y=ex dives toward the x axis but never reaches it. That line it forever approaches is the horizontal asymptote, with equation y=0 for the basic curve. The function is always positive, so the graph lives entirely above this floor.
As x heads left, y = eˣ (blue) flattens toward its asymptote y = 0, while y = eˣ + 3 (orange) flattens toward y = 3: shifting the curve up by 3 lifts its floor by 3.
Transforming the graph
Real exam graphs are rarely the plain y=ex. They are stretched, flipped and slid. The general form gathers every change into one expression.
y=Aen(x−h)+k
Read each letter as a separate instruction, and apply them in the right order.
A stretches the graph away from the x axis. This is a dilation by a factor of A from the x axis. A negative A also reflects the graph in the x axis.
n stretches or squeezes sideways. A negative n reflects the graph in the y axis.
h slides the graph sideways. A value of x−h moves it h units to the right, which feels backwards to most students.
k slides the graph up by k and, crucially, carries the asymptote with it to y=k.
When you write a dilation, the exam wants the precise wording, naming both the factor and the axis, as in dilation by a factor of 2 from the x axis. A common loss of marks is quoting the factor as its reciprocal, or naming the wrong axis. Order matters too. Reflections and dilations must be applied before you describe a horizontal translation, although the vertical translation k can be stated at any stage.
Solving exponential equations
Many questions secretly hide a quadratic. An equation like e2x−5ex+4=0 looks frightening until you notice e2x is just (ex)2. Let a=ex and it collapses into a friendly quadratic a2−5a+4=0 that factorises in seconds.
Two traps wait at the end, and the examiner reports flag both every year. First, a=ex is never the final answer. You must finish by solving ex=a to recover x. Second, because ex is always positive, any negative or zero value of a is impossible and must be rejected. Throwing away a valid positive root, or keeping an invalid negative one, are the two errors that cost the most marks.
See these recipes in action in the Worked Examples tab, then test yourself in Try It.
Lock it in with active recall
Active recall
Answer from memory first, then flip. Rate yourself and each card returns on a spaced schedule (1 → 3 → 7 → 16 days).
For y=ax, when does the curve grow and when does it decay?
It grows when a>1 and decays when 0<a<1. A negative power flips growth to decay, since a−x=(a1)x.
Where is the horizontal asymptote of y=ex+k?
At y=k. The basic curve sits on y=0, and a vertical shift carries the asymptote by the same amount.
Why is the y intercept of y=3ex−2 equal to (0,1)?
Put x=0 and use e0=1: y=3(1)−2=1. The trap is thinking e0=0.
How do you solve an equation containing both e2x and ex?
Substitute a=ex (so e2x=a2), solve the quadratic in a, then solve ex=a — rejecting any a≤0.
In y=Aen(x−h)+k, what does each of A and n do?
A dilates by factor A from the x axis (negative also reflects in the x axis); n dilates sideways and, if negative, reflects in the y axis.
What is x→−∞lim(2x+5)?
5. As x→−∞, 2x→0, so the function approaches its asymptote y=5.
Recall · Logarithmic Functions
y=loge(x) is the inverse of which function, and what does that swap?
It is the inverse of y=ex. The horizontal asymptote y=0 becomes a vertical asymptote x=0, and domain and range trade places.
Recall · Transformations of Graphs
Do changes outside the function act on x or y, and are they “obvious” or “backwards”?
Outside changes act on y and behave exactly as written (obvious). Inside changes act on x and do the opposite (backwards).
Worked examples
Worked Example 1Recovering a factor from a product, from a real exam
Let f(x)=ex−1. Given that the product function f(x)×g(x)=e(x−1)2, find the rule for the function g.
1
Divide both sides by f(x). Dividing powers of e subtracts the exponents.
g(x)=ex−1e(x−1)2=e(x−1)2−(x−1)
2
Factor the exponent by taking out the common factor (x−1).
(x−1)2−(x−1)=(x−1)(x−1−1)=(x−1)(x−2)
3
Write the rule with the factored exponent.
g(x)=e(x−2)(x−1)
Answer
g(x)=e(x−2)(x−1)
VCAA 2023 Mathematical Methods Exam 2, Section A Q16
Worked Example 2Reading a transformed exponential
The graph of g(x)=2ex+3 is the graph of y=ex after some changes. State the dilation, the translation, the equation of the horizontal asymptote, and the y intercept.
1
The factor 2 multiplies the whole function, so it stretches the graph away from the x axis.
Dilation by a factor of 2 from the x axis
2
The +3 lifts every point up. The asymptote moves up with it.
Translation of 3 units up
3
y=ex sits above y=0. After lifting 3 units the floor is now y=3.
y=3
4
Find the y intercept by putting x=0 and using e0=1.
g(0)=2e0+3=2(1)+3=5
Answer
Dilation factor 2 from the x axis, up 3, asymptote y=3, intercept (0,5)
Worked Example 3Solving a hidden quadratic
Solve e2x−5ex+4=0 for x, giving exact values.
1
Let a=ex. Then e2x=(ex)2=a2, so the equation becomes a quadratic in a.
a2−5a+4=0
2
Factorise and solve for a.
(a−1)(a−4)=0⇒a=1 or a=4
3
Now undo the substitution. Both values are positive, so both are allowed because ex>0 always.
ex=1orex=4
4
Take the natural log of each side. Remember a=ex was never the final answer.
x=loge(1)=0orx=loge(4)
Answer
x=0orx=loge(4)
Worked Example 4Rejecting an impossible solution
Solve e2x+ex−6=0 for x, giving an exact value.
1
Let a=ex, so the equation is a quadratic in a.
a2+a−6=0
2
Factorise.
(a+3)(a−2)=0⇒a=−3 or a=2
3
Reject a=−3 because ex is never negative. Only a=2 survives.
ex=2(since ex>0)
4
Take the natural log.
x=loge(2)
Answer
x=loge(2)
Practice questions
Practice test
Try it yourself
7 questions, 9 marks
Choose your answers, then submit to see your score and the full worked solutions.
Multiple choice is marked for you, just like Exam 2 Section A.
Q1.Consider the function g:R→R, g(x)=2x+5. State the value of x→−∞limg(x).
1mark
Work this on paper. The worked solution appears once you submit.
Show worked solution
As x→−∞, the term 2x→0, so the function approaches its horizontal asymptote:
x→−∞limg(x)=0+5=5.
The examiner report notes a common wrong answer of 6, and that some students did not recognise the limit notation.
VCAA 2023 Mathematical Methods Exam 2, Section B Q3a
Q2.The horizontal asymptote of y=ex−4 has equation:
1mark
Need a hint?
The basic curve y=ex has asymptote y=0. Ask which way the −4 slides the whole graph, and move the floor by the same amount.
Show worked solution
The graph of y=ex has asymptote y=0. Subtracting 4 slides every point down 4 units, so the asymptote moves to y=−4. Option A flips the sign. Option D, y=0, ignores the vertical translation, which is the most common slip. Option B mistakenly writes a vertical line.
Q3.The y intercept of y=3ex−2 is:
1mark
Need a hint?
Substitute x=0, and remember that e0=1, not 0, before you simplify.
Show worked solution
Put x=0 and use e0=1, so y=3(1)−2=1, giving (0,1). Option B comes from the false belief that e0=0. Option C forgets the −2. Option D treats 3e0 as 0.
Q4.The graph of y=e−x is obtained from the graph of y=ex by a:
1mark
Need a hint?
The minus sign is on the x, not on the whole function. Decide whether that flips the graph horizontally or vertically.
Show worked solution
Replacing x with −x flips the graph horizontally, which is a reflection in the y axis. Option D, a reflection in the x axis, would give y=−ex instead. Confusing these two reflections is one of the most frequently penalised errors in exam transformation questions.
Q5.The solution to e2x−3ex−4=0 is:
1mark
Need a hint?
Let a=ex to get a quadratic. After solving for a, discard any value that ex can never equal.
Show worked solution
Let a=ex, so a2−3a−4=(a−4)(a+1)=0 gives a=4 or a=−1. Since ex>0, reject a=−1, leaving ex=4, so x=loge(4). Option B keeps the rejected root, and loge(−1) is undefined anyway. Option C stops at the value of a and never solves ex=a.
Q6.A population modelled by P(t)=200×2−t, with t in hours, is best described as:
1mark
Need a hint?
Put t=0 to find the starting value, then read the negative exponent to decide whether the base acts as a multiplier above or below 1.
Show worked solution
At t=0, P=200×20=200, so the start value is 200. The negative exponent means the base 2 acts as 21 each hour, so the population halves: this is decay. Option D misreads the negative power as growth. Option A wrongly takes 20=0.
Q7.Solve e2x−4ex+3=0 for x, giving exact values. Show every step.
3marks
Work this on paper. The worked solution appears once you submit.
Show worked solution
Let a=ex, so e2x=a2 and the equation becomes
a2−4a+3=0.
Factorising gives (a−1)(a−3)=0, so a=1 or a=3.
Both values are positive, so both are valid since ex>0. Returning to x:
ex=1⇒x=loge(1)=0,ex=3⇒x=loge(3).
So x=0 or x=loge(3).
Frequently asked questions
How do I find the horizontal asymptote of an exponential function?
Start from the fact that the basic curve sits on the line y equals zero, then follow the vertical shift. Whatever number is added or subtracted outside the exponential moves the asymptote by that same amount, so a curve like e to the x plus three has asymptote y equals three.
Why is e to the power of zero equal to one and not zero?
Any non zero number raised to the power of zero is one, and e is no exception. This is why you must always use one, not zero, when you substitute x equals zero to find the y intercept of an exponential graph.
How do I solve an equation with both e to the 2x and e to the x in it?
Substitute a single letter for e to the x, which turns the equation into an ordinary quadratic you can factorise. After solving, swap back and solve e to the x equals each value, and reject any answer that is negative or zero because e to the x is always positive.