The function y=0.0015(10)ˣ showcases exponential growth.
What do we mean by exponential function?
- An exponential function is a mathematical function with the formula f (x) = ax.
- Where an is the function's base constant and x is a variable.
- The most common exponential-function base is the transcendental number e, or approximately 2.71828.
So,
Given function: y=0.0015(10)ˣ
If we put x = 1 as follows:
Then, if we put x = 2 as follows:
- >>y = 0.0015×(10)²
- >>y = 0.0015×100
- >>y = 0.15
Hence, we see that 0.15 > 0.15.
- So, when x increases, y also increases.
Therefore, the function y=0.0015(10)ˣ showcases exponential growth.
Know more about exponential function here:
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