4.3 - Exponential Growth and Decay
4.3 - Exponential Growth and Decay
x x
7) f ( x) = 1.01 8) f ( x) = 0.033
x x
9) f ( x) = 6·5
10) f ( x) = 6 ×
1
2 ()
Identify the necessary information and solve.
11) Movie Tickets now average $9.75 a ticket, 12) A powerful computer is purchased for
but are increasing 15% per year. How $2000, but loses 20% of its value each
much will they cost 5 years from now? year. How much will it be worth 4 years
from now?
a. Growth or Decay?
a. Growth or decay?
b. What is your multiplier?
b. What is your multiplier?
c. Is $9.75 your zero term or first term?
c. Is $2000 your zero term or first term?
d. Write the explicit equation.
d. Write the explicit equation.
e. Solve.
e. Solve
17) Inflation is at a rate of 7% per year. 18) Ryan's motorcycle is now worth $2500. It
Today, Janelle's favorite bread costs $3.79. has depreciated 12% each year since it
What would it have cost ten years ago? was purchased. If he bought it four years
ago, what did it cost brand new? Round
to the nearest dollar
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19) A bank account starts with $100 and earns 20) Jim received a $2000 loan from his bank.
4% interest annually. How much money The loan accrues 3% interest every 3
will be in the account after 12 years months. How much will Jim owe the bank
assuming no transactions have occured. after 4 years? Round to the nearest cent.
Round to the nearest cent.
21) Each year the local country club sponsors 22) John is curious how much money he can
a tennis tournament. Play starts with 128 make in a month. He makes one pennty on
participants. During each round, half of March 1st. He hopes to double the
hte players are eliminated. How many amount he makes each day. How much
players remain after 5 rounds? money would he have made on March
31st?
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