Modeling Exponential Functions

Classify the model as Exponential GROWTH or DECAY and identify the time.

• Growth for 3 years

• Decay for 10 years

• Growth for 10 years

• Decay for 3 years

Marilyn collects old dolls. She purchases a doll for $450. Research shows this doll's value will increase by 2.5% each year. Write an equation that determines the value, V, of the doll t years after purchase.

• V = 450(1 + 0.025)^t

• V = 450(1 – 0.025)^t

• V = 450(1 + 2.5)^t

• V = 450(1 – 2.5)^t

Rhonda deposited $3000 in an account in the Merrick National Bank, earning 4.2% interest, compounded annually. She made no deposits or withdrawals. Write an equation that can be used to find B, her account balance after t years.

• B = 3000(1 – 4.2)^t

• B = 3000(1 + 4.2)^t

• B = 3000(1 – 0.042)^t

• B = 3000(1 + 0.042)^t

A student invests $500 for x years in a savings account that earns 4% interest per year. No further deposits or withdrawals are made during this time. Write an function f(x) to represent the amount of money earned after x years.

• f(x) = 500 (.60)^x

• f(x) = 500 (.96)^x

• f(x) = 500 (1.04)^x

• f(x) = 500 (1.4)^x

There were 417 cell phones sold at an electronics store in January. Since then, cell phone sales at this store have increased at a rate of 3.75% per month. At this rate of growth, which function can be used to determine the monthly cell phone sales x months after January?

• f(x) = 417(3.75)^x

• f(x) = 417(0.0375)^x

• f(x) = 417(1.0375)^x

• f(x) = 417(1.375)^x

An antibiotic is introduced into a colony of 12,000 bacteria during a laboratory experiment. The colony is decreasing by 15% per minute. Which function can be used to model the number of bacteria in the colony after x minutes?

• f(x) = 12000(1.15)^x

• f(x) = 12000(0.15)^x

• f(x) = 12000(0.85)^x

• f(x) = 12000(1.85)^x

Determine which function is represented by the graph.

• Linear

• Exponential

• Quadratic

Is the equation y=3^x linear, quadratic, or exponential?

• linear

• exponential

• quadratic

Which statements describe the value of the car as a function of x, its age in years? Check all that apply.

• The relationship is quadratic.

• The relationship is exponential.

• The domain is {x| x < 0}.

• The range is {V | 0 < V < 20,000}.

• The value, V, is represented by the equation V = 20,000(0.9)^x.

Which Table best represents a exponential relationship?

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