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Application of Exponential Function

Total questions: 19

Worksheet time: 19mins

Name
Class
Date
1.

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.

a)

4 people.

b)

22,972 people.

c)

1,169,030 people.

d)

1,188,311 people.

2.

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?

a)

y = 30,010 (.05)x

b)

y = 30,010 (1.05)x

c)

y = 30,010 (.95)x

d)

y = 30,010 (5)x

3.

A sailboat that costs $5,950 decreases in value by 11% per year. How much will the boat be worth after 6 years?

a)

$5,884.00

b)

$5,178.97

c)

$2,992.96

d)

$2,957.04

4.

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

a)

$12,800.00

b)

$13,629.44

c)

$17,600.00

d)

$28,098.56

5.

You invest $5,000 into a savings account that has an interest rate of 5% compounded continuously. In how many years will there be $12000 in the account?

a)

12.375 Years

b)

177.073 Years

c)

0.175 Years

d)

17.509 Years

6.

You invest $5,000 into a savings account that has an interest rate of 5% compounded continuously. In how many years will there be $12000 in the account? ( y=Perty=Pe^{rt} )

a)

12.375 Years

b)

177.073 Years

c)

0.175 Years

d)

17.509 Years

7.

Which of the following is an exponential decay model?

a)

y = 3 * (1/2)x

b)

y = 1/2 * (3)x

c)

y = -2 * (2)x

d)

y = -3 * (3/2)x

8.

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?

a)

y = 74,000 (0.10)x

b)

y = 74,000 (0.90)x

c)

y = 74,000 (1.10)x

d)

y = 74,000 (1.90)x

9.

A sculpture is increasing in value at a rate of 9% per year, and its value in 2000 was $1500. Write an exponential growth function to model this situation.

a)

f(t)=1500(1.09)t

b)

f(t)=1500(0.09)t

c)

f(t)=2000(0.09)t

d)

f(t)=1500(9)t

10.

Interpret the meaning of the values "a" and "b"

a)

a =1.023, b=125,500

b)

a is the initial number of subscribers, b is the rate at which the subscribers decrease.

c)

a is the rate at which the subscribers increase, b is the initial number of subscribers.

d)

a is the initial number of subscribers, b is the rate at which the subscribers increase.

11.

Most automobiles depreciate as they get older. Suppose an automobile that originally costs $14,000 depreciates by 20% of its value every year. 
What exponential equation can we create to model this situation?

a)

y=14000(.20)x

b)

y=14000(.80)x

c)

y=14000(1+.20)x

d)

y=14000(1+.80)x

12.

Most automobiles depreciate as they get older. Suppose an automobile that originally costs $20,000 depreciates by 28% of its value every year.  What is the half-life of this automobile?

a)

2 years

b)

3 years

c)

1/2 years

d)

2.11 years

13.

Suppose a culture of bacteria begins with 5000 cells and dies by 30% each year. Write an equation that represents this situation.

a)

y=5000(0.7)x

b)

y=30(5000)x

c)

y=5000(1.3)x

d)

y=5000xx

14.

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.

a)

y=6(0.14)x

b)

y=6(1+14)x

c)

y=6(1.14)x

d)

y=6(0.86)x

15.

Is this exponential growth or decay? (choose all that apply) r is rate of increase or decrease

a)

Growth

b)

Decay

c)

(1-r)

d)

(1+r)

16.

Tell wether this function represents growth or decay. (choose all that apply) r is rate of increase/decrease

a)

Growth

b)

Decay

c)

(1-r)

d)

(1+r)

17.

Which does the graph represent?

a)

Growth

b)

Decay

18.

Write an equation to represent the situation after x days.

a)

f(x)= 12(500)xf\left(x\right)=\ \frac{1}{2}\left(500\right)^x

b)

f(x)=500(12)xf\left(x\right)=500\left(\frac{1}{2}\right)^x

c)

g(x)=12x +500g\left(x\right)=\frac{1}{2}x\ +500

19.

Interpret the meaning of "a" and "b". (choose all that apply)

a)

a=250, b= 0.982

b)

a is the initial radioactive material in grams, b is the rate at which the mass decreases.

c)

a=0.982, b =250

d)

a is the initial radioactive materials in grams, b is the rate at which the mass increases.