6.02 Quiz Exponential Growth And Decay
Question: Which equations represent exponential growth?
Answer: A=20,000(1.08)^t
A=40(3)^t
P=1700(1.07)^t
Question: Which equations represent exponential decay?
Answer: A=80(1/2)^t
P=1700(0.93)^t
A=1600(0.8)^t
Question:
Answer: 745
Question: Lynne invested $35,000 into an account earning 4% annual interest compounded quarterly. She makes no other deposits into the account and does not withdraw any money.
What is the balance of Lynne’s account in 5 years?
Answer: 42,706.65
Question: The bird population on an island is declining at a rate of 2.2% per year. The population was 3500 in the year 2016.
Which answer is the best prediction of the population in the year 2022?
Answer: 3063
Question: In the year 2016, the estimated population of Canadian geese in a city was 750. The Canadian geese population is expected to grow at a rate of 12% each year.
What is the Canadian geese population in 2022?
Round the answer to the nearest whole number.
Enter your answer in the box.
Answer: 1480