Honors Benchmark 2 Additional Practice 3

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Front

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The rate of depreciation is 8% per year.

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What is the correct equation for the total cost of a paint job if supplies cost $45.60 and labor costs $35 per hour?

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How do you calculate the value of a computer that depreciates by 7% each year?

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This equation models the population of a bird species after 4 years, given an initial population of 200 birds and a growth rate of 25% per year.

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The initial value of the car is $11,000.

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What does the term 'exponential growth' mean in the context of population?

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Exponential growth refers to a situation where the population increases at a constant percentage rate over time.

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What is the formula for calculating the value of an asset that depreciates over time?

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If a car's value decreases by 8% each year, what is the value after 1 year?

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