An exponential function is a unique kind of math function where the variable is in the exponent position.
It shows how things grow and shrink in the real world, like changes in population, compound interest, and radioactive decay. It is also important in AP Calculus AB because of its special rate properties and how it acts when you differentiate it.
(you can plug any real 𝑥 into an exponential function).
(the function never produces zero or negative numbers).
Some examples of these kinds of situations are population growth, compound interest, radioactive decay, and depreciation.
They show how things grow and die quickly, have special properties for derivatives, and are used a lot in calculus. Knowing how to work with exponential functions is a good start for learning more advanced calculus ideas.