Use y = 250(1.2)t
Growth or decay
Initial amount?
What is
Growth and 250
Write an exponential growth function to model the situation. A population of 422,000 increases by 12% each year.
What is f(x) = 422,000(1.12)x
Is this recursive or explicit
an= 5(an-1)
recursive
Use y = 250(1.2)t
What is the growth factor?
What is the growth rate?
Factor is 1.2
Rate is 20%
The population of Baconburg starts off at 20,000, and grows by 13% each year. Write an exponential growth model and find the population after 10 years.
What is f(10) = 20,000(1.13)x and population of 67,891
Recursive Formula or Explicit Formula
Find a35
Explicit Formula
y = 9.8(0.82)t
Growth or Decay?
Factor?
Rate?
Decay
Factor 0.82
Rate 18%
Bao invested $510 in an account paying an interest rate of 3.7% compounded monthly. Assuming no deposits or withdrawals are made, how much money, would be in the account after 55 years?
$3890.45
Consider a savings account earning annual compound modeled by the function s(x)=1000(1.035)x .
What does the 1.035 represent?
a) growth rate of 1.035
b) growth rate of 3.5%
c) growth rate of 35%
b) growth rate of 3.5%
2, -10, 50, -250
r=-5
1500(1+0.05/4)4(6)
rate?
number of time compounded?
rate 5%
compounded quarterly n=4
The value of a car was $22,000 when it was purchased. They car depreciates at a rate of 19% per year. How much will the car be worth in 8 years?
$4,076.64
Determine whether the function below is exponential growth or exponential decay, and find the percentage rate of change. f(x) =3.5(0.91)x
Write the explicit formula for
1, 6, 36, 216, ...
an=6x-1
y = 9800(1+.082/12)12(3)
compounded?
initial amount?
rate?
compounded monthly
initial amount 9800
rate 8.2%
Write a function that represents this table
x y
-2 0.25
-1 0.5
0 1
1 2
y= 2x
Write the explicit formula for the following sequence
2.4, 2.88, 3.456,...
an= 2.4(1.2)x-1