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- 1. Multiple Choice
1.Annual sales for a fast food restaurant are $650,000 and are increasing at a rate of 4% per year.
Use an exponential function to find the annual sales after 7 years.48844118195.848553566518800 - 2. Multiple Choice2.The population of a town is 2500 and is decreasing at a rate of 3.5% per year. Use an exponential
function to find the population of the town after 5 years.2969461322441412092 - 3. Multiple Choice
3.Daniel’s Print Shop purchased a new printer for $35,000. Each year it depreciates at a rate of 5%.
Use an exponential function to find its approximate value after 8 years.
23219.7
51710.9
136.72
897012
- 4. Multiple Choice4.The population of a school is 800 students and is increasing at a rate of 2% per year. Use an
exponential function to find the population of the school after 9 years.956667107.44127.82 - 5. Multiple Choice
5.Kathy plans to purchase a car that depreciates at a rate of 12% per year. The initial value of the car
is $21,000. Use an exponential function to find the value of the car after 3 years.
20253
14310.9
271765
- 6. Multiple Choice6.During a certain period of time, about 70 northern sea otters had an annual growth of 18%. Use an
exponential function to find the number of sea otters after 4 years.31.765.09135.775.17 - 7. Multiple Choice7.A population of fish starts at 8,000 and decreases by 6% per year. Use an exponential function to find
the population of fish in 10 years.14326.88796090.83884308.92 - 8. Multiple Choice8.Twenty years ago, Mr. Davis purchased his home for $160,000. Since then, the value of the home has
increased about 5% per year. Use an exponential function to find the value of the home today57357.7152588535041424528 - 9. Multiple Choice9 . A population of a city is 422,000 and increases by 12% each year. Use an exponential function to
find the population of the city after 8 years.
1517661048601044860383149 - 10. Multiple Choice10. Caiden earned $475 from mowing laws last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 years?59549.7831.1265.651034.6
- 11. Multiple Choice11.Shawn is buying a new Jet ski fro $12,500. He is considering two credit options.
Option a: 6 year loan with 8.5% interest compound quarterly
Option b: 5 year loan 10% interest compounded yearly.
Which is the better option? By how much?
option b by $573.80option a by $573.80option a and b will cost the same - Answer choicesTagsAnswer choicesTags