Definition:Exponential Growth

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Definition

A growth pattern for which a physical quantity $y$ at time $t$ is given by the equation:

$y = a e^{b t}$

where:

$a \in \R_{>0}$
$b \in \R_{\ne 0}$

is said to exhibit exponential growth.


Exponential Decay

An exponential growth pattern with the equation:

$y = a e^{b t}$

such that $b < 0$ is said to exhibit exponential decay.


Also see

  • Results about exponential growth can be found here.


Sources