Exponential Word Problems and Rational Exponent Equations

Ash has $8,000 in a savings account. The interest rate is 3% compounded once a year.

To the nearest cent, how much will he have in his account in 4 years?

• $9,004.07

• $2,2848.80

• $9,011.94

• $8,242.71

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

• $5,884.00

• $5,178.97

• $2,992.96

• $2,957.04

The population of Pallet Town increases by 15% every year. If there are currently 190,000 people living there, what will be the population in 13 years?

If necessary, round your answer to the nearest whole number.

• 4 people.

• 22,972 people.

• 1,169,030 people.

• 1,188,311 people.

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? If necessary, round your answer to nearest whole number.

• 74,278 items.

• 11,957 items.

• 319,226 items.

• 459,685 items.

The population of Bloom Falls, Mass. (population 937) is slowly moving to a bigger city.
Every year the population drops by 4.5%. What is the population after 3 years?

• 1,069 people
• 894 people
• 816 people
• 854 people

Solve for V

• v=-81

• v=81

• v=9

• v=3

Solve for x

• x=27

• x=-3

• x=81

• x=3

• x = -6

• x = 3

• x = 7/3

• x = -5

• x = 11

• x = 6

• x = -12

• x = -21

• x = 51

• x = -22

• x = -34

• x = 47