Exponential Equations and Word Problems

Write an exponential function to model the situation. Then solve. The cost of tuition at a college is $12,000 and is increasing at a rate of 6% per year. Which equations represents this situation?

• C(t) = 1.06(12000)^t

• C(t) = 12000(.06)^t

• C(t) = 12000(.06)^t

• C(t) = 12000(1.06)^t

Write an exponential function to model the situation. You invest $1500. Your investment increases at a rate of 3.5%.

• B(t) = 1500(0.965)^t

• B(t) = 1500(1.035)^t

• B(t) = 1500(.035)^t

• B(t) = 1500(1.965)^t

Write an exponential function to model the situation. The value of a car is $18000 and is depreciating at a rate of 12% per year.

• V(t) = .88(18000)^t

• V(t) = .12(18000)^t

• V(t) = 18000(.88)^t

• V(t) = 18000(.12)^t

What is the a-value (or y-intercept) for the function: f(x) = 800(0.85)^x?

• 800

• 0.85

• 0.15

• x

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

Determine if the equation y = 15(1.35)^x represents exponential growth or decay and justify. Hint: Think about the growth and decay equations.

• Growth, because the scale factor is greater than 1

• Growth, because the scale factor is less than 1

• Decay, because the scale factor is greater than 1

• Decay, because the scale factor is less than 1

• Linear Growth

• Linear Decay

• Exponential Growth

• Exponential Decay

• Because the 25 was bigger than one

• Because the 0.20 was bigger than one

• Because the 25 was less than one

• Because the 0.20 was less than one

• Linear Growth

• Linear Decay

• Exponential Growth

• Exponential Decay

• Because the 0.25 was bigger than one

• Because the 1.3 was bigger than one

• Because the 0.25 was less than one

• Because the 1.3 was less than one