Solving Exponential Word Problems

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.

The number of research papers in Professor Sycamore area of expertise has been increasing by 5% every year. Given that 30,010 research papers were published this year. Assuming the trend continues, which equation projects the amount of research papers published in x years?

• y = 30,010 (.05)^x

• y = 30,010 (1.05)^x

• y = 30,010 (.95)^x

• y = 30,010 (5)^x

Derrick has $1,000 in a savings account that ears 15% interest, compounded monthly. To the nearest cent, how much will he have in 2 years?

• $5,350.25

• $1,322.50

• $1,025.16

• $1,347.35

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

Eduardo currently has 500 followers on TikTok. He makes a video after the basketball game and it goes viral! Since he became internet famous, the number of followers is increasing by 25% daily. Write an exponential function that represents the relationship between x, the number of days since Eduardo posted the video and y, the total number of followers Eduardo has.

Mathematical Equivalence

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Write an equation that models the following situation:
Samantha's hair was known to grow very rapidly. It began at a length of 6 in and grew at a rate of 14% a week.

• y=6(0.14)^x

• y=6(1+14)^x

• y=6(1.14)^x

• y=6(0.86)^x

The equation Q = 12e^{-.09t is given to show the amount of an element remaining after t years. how long will it take for the element to reach 3 mg?}

• 4.5 years

• 12.7 years

• 2.7 years

• 15.4 years

A new savings account is opened with $400 and gains 3% every year. What is the exponential function?

y = ​ (a)   ( 1 ​ (b)   ​ (c)   )^x (^ means to power of x - x is the exponent)

• 400

• +

• 0.03

• 3

• 0.3

• 0.97

• 4

In Jack and the beanstalk, the beanstalk grows very rapidly. It began at a length of 3 ft and grew at a rate of 14% per minute Write the exponential function for this example

• y=6(0.14)^x

• y=3(17)^x

• y=3(1.14)^x

• y=3(0.86)^x

• y=6(1.04)^x