7.5 Exponential Depreciation

Front

Salem has a population of 15,000 and depreciates at a rate of 8% per year. What is the exponential equation?

Back

P=15,000(0.92)^t

Front

Your shiny new boat cost $7650. The depreciation for your boat is 14% per year. Estimate the value of your vehicle in 3 years. What is the equation that models this problem? Options: y= 7650(.14)³, y= 7650(.86)³, y= 7650(1+.86/1)^3*1

Back

y= 7650(.86)³

Front

Your shiny new boat cost $7650. The depreciation for your boat is 14% per year. Estimate the value of your vehicle in 3 years.

Back

$4865.82

Front

Daniel’s Print Shop purchased a new printer for $35,000. Each year it depreciates at a rate of 5%. How much will the printer be worth in 8 years?

Back

$23,219.72

Front

Suppose a culture of bacteria begins with 5000 cells and dies by 30% each year. Write an equation that represents this situation.

Back

y=5000(0.7)^x

Front

A population of fish starts at 8,000 and decreases by 6% per year. What is the population of fish after 10 years?

Back

4309