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Which of the following functions shows an initial amount of $15 and an increase of 35% each year?

• y = 15(35)^x

• y = 15(1.35)^x

• y = 15(0.35)^x

• y = 35(1.15)^x

Suppose you deposit $3000 in a savings account that pays interest at an annual rate of 4%. If no other money is added or withdrawn from the account, how much will be in the account after 10 years?

• $3122.18

• $4994.50

• $4440.73

• $86,776.40

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

• 14327

• 4309

• 839

• 7680

What type of function is f(x)=2(1/7)^x ?

• Exponential Growth

• Linear

• Exponential Decay

• None of the Abovee

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

• y=5000(0.7)^x

• y=30(5000)^x

• y=5000(1.3)^x

• y=5000x^x

A 78 gram sample of Uranium loses half of its mass each year.  What is the exponential equation? 

• y=78(0.5)^x

• y=78(1.5)^x

• y=78(2)^x

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?

• $23,219.72

• $136.72

• $51,710.94

• $16,710.94

Change 6.75% to a decimal.

• 67.5

• .675

• 675

• .0675

You invest $400 for 5 years at an interest rate of 4.29% each year. Which equation models this?

• y=400(1 - 0.0429)⁵

• y=400(1+.0429)⁵

• y=400(1+ 4.29)⁵

• y=400e^0.049*5