For an exponential function written in the form , the initial value is , because ; it is the -intercept and represents the quantity at the starting input in a context. The initial value can be identified from an equation, table, graph, or situation, while distinguishing it from , the multiplicative growth or decay factor; shifted forms, parameter estimation, and more generalized exponential models are beyond this scope.
For an exponential function written as
the initial value is the value of the function when :
This works because any nonzero number raised to the zero power equals :
So,
The initial value is also the -intercept. It represents the quantity at the starting input, . Do not confuse it with , which is the growth or decay factor.
Suppose the number of bacteria in a sample is modeled by
where is the number of hours.
Step 1: Identify the form.
Compare the equation with
In this equation:
Step 2: Identify the initial value.
The initial value is , so
You can also verify it by substituting :
Therefore, the initial number of bacteria is . The number is the growth factor, not the initial value.
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