How the SAT tests this, with worked examples — plus the 2 skills it covers. Free to read, no account needed.
An exponential function has the form y=a⋅bx, where a is the starting value and b the multiplier applied each step. Its graph curves rather than bending at a point.
When b>1 the function grows and the curve rises ever more steeply. When 0<b<1 it decays and the curve falls toward the axis. Both pass through (0,a), because anything to the power zero is 1.
The flat line the curve approaches is the asymptote. For y=a⋅bx it is y=0, and the curve gets arbitrarily close without ever touching it. Adding a constant shifts the asymptote: y=2x+3 approaches y=3.
The difference from a line is worth stating plainly. A linear function adds the same amount each step; an exponential multiplies by the same factor. That is why exponential growth eventually overtakes any linear growth, however steep the line.
Worked examples
What is the y-intercept of y=5⋅3x? Set x=0, and since 30=1
y=5⋅1=5
Does y=80(0.5)x grow or decay?
AGrows
BDecays
The multiplier 0.5 is between 0 and 1, so each step halves the value, making (B) correct.
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