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HP - Exponential Functions Application

The document contains a series of mathematical problems focused on exponential functions and their applications in real-life scenarios, including investments, depreciation, population growth, and decay. Each problem requires the formulation of equations or calculations to determine future values based on given rates. The document also includes a question about graphing functions and a discussion on their similarities or differences.

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24 views2 pages

HP - Exponential Functions Application

The document contains a series of mathematical problems focused on exponential functions and their applications in real-life scenarios, including investments, depreciation, population growth, and decay. Each problem requires the formulation of equations or calculations to determine future values based on given rates. The document also includes a question about graphing functions and a discussion on their similarities or differences.

Uploaded by

mellomellotrello
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Name____________________________________________Pd_____ HP: Exponential Functions Applications

1. Tatiana deposits $600 in an account that pays 8.5% annually. She makes no additional deposits or
withdrawals. Write an equation that could be used to calculate the amount of money, x, that will be in
Tatiana’s account at the end of 3 years?

2. A business made a profit of $35000 in 2009. If the profits increase by 20% per year, what will the profit
in 2015, when rounded to the nearest dollar?

3. Katie bought a car for $28,000. The car is depreciating at a rate of 9% per year. What will be the
approximate value of the car after 5 years?

4. In 2005, Mae invested $2000 in a fund that pays 5% interest for the first 10 years, and 8% interest for
every year thereafter. What will be the value of her investment in the year 2020?

5. A certain pesticide kills half of the bug population in an hour. The pesticide has been working for 6
hours. If there are currently 165, how many bugs were there to start with?

6. The amount of fertilizer in a landscaping company’s warehouse decreases at a rate of 3% per week.
The amount of fertilizer in the warehouse was originally 78,000 cubic yards. How much fertilizer is left
after 12 weeks?

7. Since 1985, the daily cost of patient care in community hospitals in the US has increased by 8.6% per
year. In 1985 hospital costs were an average of $450 per day. Find the approximate cost per day in
2020.
8. In 1990, the population of Warren, Michigan was 161,000. Since the population has decreased by 1%
per year. If this trend continues, predict the population of Warren in 2020.

9. Create your own exponential growth or decay real life problem. Make sure it has an unknown variable
that you will need to predict.

10. Solve your problem your created in #9.

11. The population of a colony of beetles grows 30% each week for 10 weeks. Based on the graph:

a) What is the initial population of the beetles?(a) _____


b) What is the multiplier for this situation? (b)______
c) What is the domain?________________
d) What is the range?_________________
e) What is the equation for this situation?______________
f) Using your equation, predict if this rate continued, what would
the population be for a colony of beetles after 20 weeks.

12. Ryan and Tommi were asked to graph the following functions. Ryan thinks they are the same, but Tommi
disagrees. Who is correct? Justify your reasoning.

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