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Mathematical Equivalence

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A fungus is taking over a garden. There are 95000 fungus spores and the spores are decreasing at a rate of 1.375% per hour due to a fungicide being sprayed. What is the equation that represents this function?

• decay
• growth

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.

Round to the nearest whole number.

More and more people are purchasing food from farmers' markets. As a consequence, a market researcher predicts that the number of farmers' markets will increase by 15% each year. If there are 6,200 farmers' markets this year, how many will there be in 10 years? (Round to the nearest whole number if necessary).

• 25,082

• 12,937

• 62,000

• 43,511

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?

• y= 7650(.14)³
• y= 7650(.86)³
• y= 7650(1+.86/1)^3*1

The equation f(x) = 300(1.06)^x is being used to calculate the amount of money in a savings account.  What does the 1.06 represent?

• 6% growth
• 6% decay
• 1.06% growth
• .06% decay

Approximately what interest rate would be needed in order to grow an investment of $1,400 to $2,500 in 10 years if the interest was compound monthly?

• 5.96%
• 5.84%
• 5.81%
• 5.88%