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Name: _______________________
Consider y = b gx, where g can be growth or decay. (Hint: Start at 100%) Determine the % and the decimal for g. Amount 1 3 5 7 9 5% Growth 30% growth 1% decay 0.85% growth Tripling % Decimal 2 4 6 8 10 Amount 12% decay 98% decay 300% growth 2.5% decay Quadrupling % Decimal
Consider y = b gx. State whether the formula models growth or decay. Look inside the parenthesis. 11. 13. 15. 17. 19. y=(3)X _______________ 12. 14. 16. 18. 20. Y = (0.25)x _______________
Y = (0.033)-x _______________ f(x) = 0.66(4.1)x_______________ k(x) = (1/4)-x _______________ You write one _________________
Use y = b gx.
21. E. coli bacteria double in population every hour. If the initial population is 85, whats the population of bacteria after three hours? After one day? Function: _________________ After 3 hours: ____________ After 1 day: __________ Over
22. Strapped for cash, you decide to borrow money from a local crime lord. This turns out to be yet another instance of poor judgment on your part. At 22% interest per year, how much will you owe on a loan of $5,000 after one year?
23. A serial killer is stalking the residents of Gloomy Falls, Mass., population 937. Every year the population diminishes by 4.5%. How many residents are left after the killers three-year rampage?
24. You bought a Boston Whaler in 2004 for $12,500. The boats value depreciates (goes down) by 7% a year. How much is the boat work now? What will it be worth in 2020?