Exponential Word Problems

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

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

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.

Due to its weakening steel industry, Canalave Town has been experiencing a population decline of 10% every year. The current population is 74,000 people. Assuming the trend continues, which equation projects the population in x years?

• y = 74,000 (0.10)^x

• y = 74,000 (0.90)^x

• y = 74,000 (1.10)^x

• y = 74,000 (1.90)^x

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

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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Katy deposited $90 in a savings account earning 5% interest, compounded quarterly. Which of the following equations could represent the amount of money in her account yearly?

• 
• 
• 
• 

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

A city doubles its size every 64 years. If the population is currently 225,000, what will the population be in 128 years?

• The population will be 225,000.

• The population will be 450,000.

• The population will be 900,000.

• The population will be 1,800,000.

You have 30,016 grams of radioactive kind of rubidium. How much will be left after 54 minutes if its half-life is 18 minutes?

• 15,008 grams.

• 7,504 grams

• 3,752 grams.

• 1,876 grams.