growth
1200
30%
decay
55
2%
growth
100
125%
decay
5575
65%
If the growth rate is 3.8% per
year and the current population is 1543,
what will the population be 5.2 years from
now?
1543(1.038)5.2
1873
Growth or Decay Initial Value Rate of growth or decay
growth
10
4%
Equation _________________ Cost in 2030 $___________________
$9.00(1.015)20
$12.00
Equation ______________ Salary in 5 years $_________________
$34,000(1.025)5
$38,468
Equation ______________ Population in 2025 _________________
3600(1.04)20
7888
decay
2250
90%
You decide to borrow money at 22% interest per year, how much will you owe on a loan of $5,000. What will you own after three years?
$5,000(1.22)3
$9,079
decay
14,000
92%
Equation __________________ Car’s worth in 2022 $______________
$42,500(.85)7
$13,625
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?
937(.955)3
816
Equation __________________ Stock value in 2017 $______________
$2,000(.9)5
$1,181
Equation ________________ How many to attend the 10th year _________
500(1.05)10
814
growth
2000
5%
Equation __________________ Profits in 8 years $________________
$25,000(.94)8
$15,239