Modeling Exponential Growth and Decay Graphs

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

An antibiotic is introduced into a colony of 12,000 bacteria during a laboratory experiment. The colony is decreasing by 15% per minute. Which function can be used to model the number of bacteria in the colony after x minutes?

• f(x) = 12000(1.15)^x

• f(x) = 12000(0.15)^x

• f(x) = 12000(0.85)^x

• f(x) = 12000(1.85)^x

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

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

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.

• y=6(0.14)^x

• y=6(1+14)^x

• y=6(1.14)^x

• y=6(0.86)^x

If you have $10, and your money doubles every year, how much money will you have in 10 years?

• $50

• $100

• $5120

• $10240

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

• Growth

• Decay

The value of a car is $15,000 and depreciates at a rate of 8% per year. What is the decay factor? Hint: decay factor is (1-r) where r is the rate as a decimal

• ^.08

• ^1.08

• .92

• 8

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

The population of Bloom Falls, Mass. (population 937) is slowly moving to a bigger city.
Every year the population drops by 4.5%. What is the population after 3 years?

• 1,069 people

• 894 people

• 816 people

• 854 people