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The '''exponential function''' is one of the most important [[function|functions]]
∞ ''x''<sup>''n''</sup>
exp(''x'') = ∑ ---
''n''=0 ''n''!
exp(''x'') = lim (1 + ''x''/''n'')<sup>''n''</sup>
''n''→∞
(see [[limit]] and [[infinite series]]). Here ''n''! stands for the [[factorial]] of ''n'' and ''x'' can be any [[real number|real]] or [[complex number|complex]] number, or even any element of a [[Banach algebra]] or the field of [[p-adic numbers|<i>p</i>-adic numbers]].
If ''x'' is real, then exp(''x'') is positive and strictly increasing. Therefore its [[inverse function]], the [[natural logarithm]] ln(''x''), is defined for all positive ''x''. Using the natural logarithm, one can define more general exponential functions as follows:
:''a''<sup>''x''</sup> = exp(ln(''a'') ''x'')
for all ''a'' > 0 and all real ''x''.
The exponential function also gives rise to the [[trigonometric function|trigonometric functions]] (as can be seen from [[Eulers formula in complex analysis|Euler's formula]]) and to the [[hyperbolic function|hyperbolic functions]]. Thus we see that all elementary functions except for the [[polynomial|polynomials]] spring from the exponential function in one way or another.▼
▲The exponential function also gives rise to the [[trigonometric functions]] (as can be seen from [[Eulers formula in complex analysis|Euler's formula]]) and to the [[hyperbolic functions]]. Thus we see that all elementary functions except for the [[polynomial|polynomials]] spring from the exponential function in one way or another.
Exponential functions "translate between addition and multiplication" as is expressed in the following ''exponential laws'':
:''a''<sup>0</sup> = 1
:''a''<sup>1</sup> = ''a''
:''a''<sup>''x'' + ''y''</sup> = ''a''<sup>''x''</sup> ''a''<sup>''y''</sup>
:''a''<sup>(''xy'')</sup> = (''a''<sup>''x''</sup>)<sup>''y''</sup>
:1 / ''a''<sup>''x''</sup> = (1/''a'')<sup>''x''</sup> = ''a''<sup>-''x''</sup>
:''a''<sup>''x''</sup> ''b''<sup>''x''</sup> = (''ab'')<sup>''x''</sup>
These are valid for all positive real numbers ''a'' and ''b'' and all real numbers ''x''. Expressions involving fractions and roots can often be simplified using exponential notation because
:1 / ''a'' = ''a''<sup>-1</sup>
:√ ''a'' = ''a''<sup>1/2</sup>
:<sup>''n''</sup>√ ''a'' = ''a''<sup>1/''n''</sup>
The major importance of the exponential functions in the sciences stems from the fact that they are constant multiples of their own [[derivative|derivatives]]:
:d/d''x'' ''a''<sup>''bx''</sup> = ln(''a'') ''b'' ''a''<sup>''bx''</sup>.
If a variable's growth or decay rate is proportional to its size, as is the case in unlimited population growth, continuously compounded interest or radioactive decay, then the variable can be written as a constant times an exponential function of time.
When considered as a function defined on the complex plane (or even on a commutative Banach algebra or the ''p''-adic numbers), the exponential function retains the important properties
:exp(''z'' + ''w'') = exp(''z'') exp(''w'')
:exp(0) = 1
:exp(''z'') ≠ 0
:exp'(''z'') = exp(''z'')
for all ''z'' and ''w''. The exponential function on the complex plane is a [[holomorphic function]] which
is periodic with imaginary period 2π''i'', and this is the reason that extending the natural logarithm to complex arguments naturally yields a multi-valued function ln(''z''). We can define a more general exponentiation:
:''z''<sup>''w''</sup> = exp(ln(''z'') ''w'')
for all complex numbers ''z'' and ''w''.
This is then also a multi-valued function. The above stated exponential laws remain true if interpreted properly as statements about multi-valued functions.
In the context of general non-commutative Banach algebras, such as algebras of matrices or operators on [[Banach space|Banach]] or [[Hilbert space|Hilbert]] spaces, the exponential function is typically considered to be a function of a real argument:
:''f''(''t'') = exp(''t'' ''A'')
where ''A'' is a fixed element of the algebra and ''t'' is any real number. This function has the important properties
:''f''(''s'' + ''t'') = ''f''(''s'') ''f''(''t'')
:''f''(0) = 1
:d/d''t'' ''f''(''t'') = ''A'' ''f''(''t'')
The "exponential map" sending a [[Lie algebra]] to the [[Lie group]] that gave rise to it shares these properties, which explains the terminology.
<hr>
[[talk:Exponential_function|/Talk]]
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