The exponential functionf(x)=ex.
In Year 12 Mathematical Methods (Queensland, QCAA), the natural exponential function \(y=e^x\) uses the constant \(e\approx 2.718\). Its graph passes through \((0,1)\), has the horizontal asymptote \(y=0\), is always increasing with range \(y>0\) — studied here with its transformations \(y=e^{x-h}+k\), solving \(e^x=k\) using \(\ln\), and growth-and-decay models \(N=N_0e^{kt}\), ready for the calculus of Unit 3.
The natural exponential function is \(y=e^x\), where the base is the constant \(e\approx 2.718\). The number \(e\) is the special base for which the gradient property \(\dfrac{e^{h}-1}{h}\to 1\) as \(h\to 0\); this is what makes \(e^x\) the natural choice for the calculus that follows. Because \(e^0=1\), the graph passes through the \(y\)-intercept \((0,1)\).
Since the base \(e>1\), the curve is always increasing: it races upward to the right and flattens towards the \(x\)-axis to the left without ever reaching it — the line \(y=0\) is a horizontal asymptote. The domain is all real \(x\) and the range is \(y>0\).
Transformations shift and stretch this curve. For \(y=e^{x-h}+k\) the asymptote moves to \(y=k\); for \(y=A\,e^{kx}+c\) the constant \(c\) sets the asymptote and \(A\) dilates (and reflects, if \(A<0\)). Because any positive base can be written using \(e\) (for example \(10^x=e^{x\ln 10}\)), \(e^x\) underlies every exponential model.
The natural exponential function (base \(e\approx 2.718\)):
The transformed exponential (horizontal shift \(h\), vertical shift \(k\)):
The growth-and-decay model over time \(t\), with initial amount \(N_0\):
How to sketch \(y=e^{x-h}+k\)
- Asymptote first. The \(+k\) lifts the whole curve, so the horizontal asymptote is \(y=k\) (not \(y=0\)).
- Find the \(y\)-intercept. Substitute \(x=0\) into \(y=e^{x-h}+k\) and evaluate with technology if needed.
- Set the shape. With base \(e>1\) the curve increases (unless reflected by a negative coefficient); the range is \(y>k\).
\(y\)-intercept: at \(x=0\), \(e^0=1\), so \((0,1)\).
Asymptote: \(y=0\); range: \(y>0\).
The base \(e\approx 2.718>1\), so the graph is increasing.
This is \(y=e^x\) reflected in the \(y\)-axis then shifted up \(2\).
| \(\text{asymptote}\) | \(:\) | \(y=2\) |
| \(y(0)\) | \(=\) | \(e^{0}+2=3\) |
| \(\text{range}\) | \(:\) | \(y>2\) |
Asymptote \(y=2\), \(y\)-intercept \((0,3)\), range \(y>2\) (decreasing).
(a) Take \(\ln\) of both sides.
| \(e^x\) | \(=\) | \(12\) |
| \(x\) | \(=\) | \(\ln 12\approx 2.48\) |
(b) Divide by \(2\) first, then take \(\ln\).
| \(e^x\) | \(=\) | \(5\) |
| \(x\) | \(=\) | \(\ln 5\approx 1.61\) |
| \(M(0)\) | \(=\) | \(80\,e^{0}=80\) |
| \(M(10)\) | \(=\) | \(80\,e^{-1}\) |
| \(\approx\) | \(29.43\) |
Initial mass \(80\) g; after \(10\) days about \(29.43\) g. Since \(k=-0.1<0\) this is decay.
Common pitfalls
Frequently asked questions
What is the number e?
\(e\approx 2.718\) is an irrational constant — the unique base \(a\) for which \(\dfrac{a^{h}-1}{h}\to 1\) as \(h\to 0\). This makes \(y=e^x\) the natural exponential function.
What are the features of the graph of y = e^x?
It passes through \((0,1)\), has asymptote \(y=0\), is always increasing, with domain all real \(x\) and range \(y>0\).
How does a transformation change the graph of y = e^x?
For \(y=e^{x-h}+k\), \(h\) shifts it sideways and \(k\) vertically, moving the asymptote to \(y=k\). For \(y=A\,e^{kx}+c\), \(c\) sets the asymptote and \(A\) dilates (reflecting if \(A<0\)).
How do you solve an equation such as e^x = 12?
Take \(\ln\) of both sides (the inverse of \(e^x\)): \(e^x=12\) gives \(x=\ln 12\approx 2.48\).
When does N = N0 e^(kt) model growth or decay?
\(k>0\) gives growth, \(k<0\) gives decay, \(k=0\) is constant. \(N_0\) is the amount at \(t=0\).
How is e^x related to other bases like 10^x?
Since \(10=e^{\ln 10}\), \(10^x=e^{x\ln 10}\). So \(y=10^x\) is \(y=e^x\) dilated horizontally by \(\dfrac{1}{\ln 10}\) from the \(y\)-axis.