The given exponential function y = 3 eˣ is a exponential growth.
<h3>What is defined as the exponential functions?</h3>
An exponential function is simply function that is used in a variety of real-world applications. It is primarily used to determine exponential decay as well as exponential growth, as well as to calculate investments, model populations, and so on.
- The quantity increases really quite slowly at first, then rapidly in Exponential Growth. The rate of change accelerates with time. As time passes, the rate of growth accelerates. The rapid expansion is intended to be a "exponential increase."
- The quantity decreases rapidly at first, then slowly in Exponential Decay. The rate of change slows over time. As time passes, the rate of change slows. The rapid growth was supposed to be a "exponential decrease."
Now, as per the given exponential functions;
y = 3 eˣ
The value of the exponent 'e' = 2.72.
This for any value of x > 0. this function will be of exponential Growth.
Therefore, the given function y = 3 eˣ shows the exponential Growth.
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