Exponential Word Problems

Front

Ash has $8,000 in a savings account with a 3% interest rate compounded annually. How much will he have in 4 years?

Back

$9,004.07

Front

A sailboat that costs $5,950 decreases in value by 11% per year. How much will the boat be worth after 6 years?

Back

$2,957.04

Front

The value of a car purchased for $20,000 decreases at a rate of 12% per year. What will be the value of the car after 3 years?

Back

$13,629.44

Front

Population of Pallet Town increases by 15% annually. Current population: 190,000. What will it be in 13 years?

Back

1,169,030 people.

Front

Voting in Pokemon Go's annual community day elections has been decreasing by 5% from one election to the next. If 912 citizens voted this year, how many will vote 3 years from now?

Back

782 citizens.

Front

Equation to project Canalave Town's population decline of 10% per year from 74,000 people in x years?

Back

y = 74,000 (0.90)^x

Front

Equation to project research papers published in x years if increasing by 5% annually from 30,010 papers.

Back

y = 30,010 (1.05)^x

Front

A newly launched clothing line is rapidly increasing in popularity. Every month, 20% more items of clothing are sold. If 89,090 items were sold this month, how many will be sold in 9 months from now?

Back

459,685 items.

Front

Find the balance in an account that has $300 invested at 6.5% for 4 years compounded semi-annually.

Back

$387.47

Front

Katy deposited $90 in a savings account earning 5% interest, compounded quarterly. Which equation represents the amount of money in her account yearly?

Back