Percent Growth and Decay

Classify the model as Exponential GROWTH or DECAY.
A=10(1.01)³

• Growth

• Decay

Classify the model as Exponential GROWTH or DECAY.
A=1200(.85)⁶

• Growth

• Decay

Suppose you deposit $3000 in a savings account that pays interest at an annual rate of 4%. If no other money is added or withdrawn from the account, how much will be in the account after 10 years?

• $3122.18

• $4994.50

• $4440.73

• $86,776.40

Is this exponential growth or decay?

• Growth

• Decay

The value of a car you purchased for $20,000 decreases at a rate of 12% each year. What will the value of the car be after 3 years?

• $12,800.00

• $13,629.44

• $17,600.00

• $28,098.56

A population of 1500 deer decreases by 1.5% per year. At the end of 10 years, there will be approximately 1290 deer in the population. Which function can be used to determine the number of deer, y, in this population at the end of t years?

• y = 1500(1 - 0.015)^t

• y = 1500(0.015)^t

• y = 1500(1 + 0.015)^t

• y = 1500(1.5)^t

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

Is this exponential growth or decay?

• Growth

• Decay

What function type models this graph?

• Exponential Growth

• Exponential Decay

• Linear 

• None of the above

Is this exponential growth or decay?

• Growth

• Decay