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3 cards from this section. Quick, good the night before a test.
Calculate the future population of a town with 2000 people growing at 3% per year after 5 years.
Use the formula y = a(1 + r)^t.
If a tree starts at 3 meters and grows at 6% per year, how tall will it be in 3 years?
Remember to use the growth formula!
What does the formula y = a(1 + r)^t represent?
Think about what happens when a value increases over time.
True or False: An exponential function can cross the x-axis.
Consider how curves behave as they flatten out.
A city has a population of 50,000 people and experiences a 3% growth every year. What will be the population after 15 years?
Calculate the growth factor and apply it to the formula correctly.
An investment of $2000 depreciates by 8% yearly. How much will it be worth after 10 years?
Remember to use the decay formula correctly.
4 more questions in this section. Enroll free to practise them all.
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