In Figure 2 we illustrate this equation for various values of R. It is normally referred to as the exponential equation, and the form of the data in Figure 2 is the general form called exponential.

The formula for exponential growth is V = S x (1+R) T, where S is the starting value, R is the interest rate, T is the number of periods that have elapsed, and V is the current value.

[2] A scalable exponential-DG approach for nonlinear conservation laws: With application to Burger and Euler equations. Computer Methods in Applied Mechanics and Engineering (2021).