Growth
In 2020, Joe's Pizza had a large pizza for $12. The price has been increasing 15% each year. What an equation for the price of a large pizza in 2025.
12(1+.15)^5
$300, compounded monthly, at a rate of 3% for ten years
$405
75 x 710
715
In 2020, Joe's Pizza had an average of 2,000 customers per day. The number of customers has been declining by 8% each year. Write an equation to represent the number of average daily customers in 2027.
2000(1 - .08)7
Write the formula for growth and decay:
a(1 + r)t and a(1 - r)t
In 2020, Joe's Pizza had a large pizza for $12. The price has been increasing 15% each year. What will be the price of a large pizza in 2025?
about $24
$2500, compounded weekly, at a rate of 5% for three years
$2,904
8^10/8^3
87
In 2020, Joe's Pizza had an average of 2,000 customers daily. The number of customers has been declining by 8% each year. What is the number of average daily customers in 2027?
1,116 customers
Write the formula for compound interest:
a(1+r/n)^(nt)
In 2020, Joe's Pizza had a large pizza for $12. The price has been increasing 15% each year. How many years until the price of a pizza is over $30?
7 years
$5000, compounded quarterly, at a rate of 15% for ten years
$21,802
(5^2)^6
512
In 2020, Joe's Pizza had an average of 2,000 customers daily. The number of customers has been declining by 8% each year. How many years until Joe has less than 500 daily customers?
17 years
Anything to the power of 0...
equals 1