Exponential Growth and Decay

The original value of a painting is $1400, and the value increases by 9% each year. Write an exponential growth function to model this situation.

• y=1400(1.09)^x

• y=1.09(1400)^x

• y=1400(.91)^x

• y=1.09^x

What type of function is y = 7(5/4)^x?

• Exponential Growth

• Exponential Decay

• Linear

• None of the above

A population of fish starts at 8,000 and decreases by 6% per year. What is the population of fish after 10 years?

• 14327

• 4309

• 839

• 7680

Daniel’s Print Shop purchased a new printer for $35,000. Each year it depreciates at a rate of 5%. How much will the printer be worth in 8 years?

• $23,219.72

• $136.72

• $51,710.94

• $16,710.94

The number of mosquitoes at the beginning of the summer was 4,000. The population of mosquitoes is expected to grow at a rate of 25% a month. How many mosquitoes will there be after 4 months?

• 9766

• 9006

• 9765

• 5433

Twenty years ago, Mr. Davis purchased his home for $160,000. Since then, the value of the home has increased about 5% per year. How much is the home worth today?

• $176,783.29

• $424,527.63

• $57,357.75

• $532,041,076.80

Is this exponential growth or decay?

• Growth

• Decay

What is the initial value for the function: f(x) = 300(1.16)^x?

• 300

• 1.16

• .16

• x

Which of the following functions shows an initial amount of $15 and an increase of 35% each year?

• y = 15(35)^x

• y = 15(1.35)^x

• y = 15(0.35)^x

• y = 35(1.15)^x

What is b, the common ratio, for the function: f(x) = 300(1.16)^x?

• 300

• 1.16

• .16

• x