All Exponential Review

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

True or False: This is an exponential function.

• True

• False

Which function models this table?

Which of the following has a ratio of 2? (select all that apply)

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The value of a car is $15,000 and depreciates at a rate of 8% per year. What is the exponential equation?

• y=8(15,000)^x
• y=15,000(1.08)^x
• y=15,000(0.92)^x
• y=15,000(0.08)^x

A new savings account is opened with $400 and gains 3% every yr. What's the amount after 5 years?

• $415
• $463.71
• $343.49
• $460.12

The value of a car is $15,000 and depreciates at a rate of 8% per year. What is the value after 7 years?

• $800
• $8367.70
• $6600
• $25,707.36

The expression 12(1.015)^t models the population of elephants in a wildlife refuge after t years since 1975.
What does the value 1.015 represent?

• The number of elephants was 1,015 in 1975.
• The number of elephants increases by 1.5% each year.
• The number of elephants increases by 101.5% each year.
• The number of elephants is multiplied by 1.015 each year.

The expression 12(1.015)^t models the population of elephants in a wildlife refuge after t years since 1975.
What does the value 12 represent?

• The predicted increase in number of elephants in the refuge each year.
• The predicted decrease in number of elephants in the refuge each year.
• The number of years it will take for the elephant population to stop increasing.
• The initial amount of elephants in the park.

A collectible car has been going up in price by 10% each year. If the car is already worth $29,000, how much will the car be worth in 5 years?

• $0.29
• $2,900,000,000
• $46,704.79
• $145,000