Exponential Word Problems (ALL TYPES)

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.

Round to two decimal places (like dollars and cents).

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.

Round to the nearest whole number.

Tags

CCSS.HSF-LE.A.1C

Kimi invests $4,000 at 3% interest compounded continuously. How much money will she have in 4 years? Round to dollars and cents.

Will deposits $1650 for three years at 3% interest, compounded daily. What is his ending balance? Round to dollars and cents.

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.

Round to the nearest whole number.

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 today.

Round to two decimal places (like money).

Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?

Emily’s parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semiannually,what will be the balance after 18 years? Round to dollars and cents.

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.

Round your answer to 2 decimal places.

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.

Tags

CCSS.HSF-LE.A.1C