exponential function
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/ˌɛkspənˈɛnʃəl fˈʌŋkʃən/
British pronunciation
/ˌɛkspənˈɛnʃəl fˈʌŋkʃən/

Definition & Meaning of "exponential function"

Exponential function
01

a type of mathematical function where a constant base is raised to a variable exponent

example
Example
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The exponential function f ( x ) = 2 x f(x)=2 x models the rapid growth of the bacteria population in the experiment.
In finance, compound interest is often calculated using an exponential function to reflect the growth of investments.
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