Multipurpose arithmetic functional units can perform planar attribute interpolation and unary function approximation operations. In one embodiment, planar interpolation operations for coordinates (x, y) are executed by computing A*x+B*y+C, and unary function approximation operations for operand x are executed by computing F2(xb)*xh2+F1(xb)*xh+F0(xb), where xh=x−xb. Shared multiplier and adder circuits are advantageously used to implement the product and sum operations for both classes of operations.