Algebra 1 Exponential Growth/Decay

Name:________________________

Write and graph the exponential equation: 1. A principle of $200 is deposited in an account that pays 4.2% interest compounded yearly. x

f(x)

0 1 2 3 4

f(x) = _______________

Evaluate: f(5) and explain what this means. ______________________________________________________________________________ ______________________________________________________________________________ 2. You buy a used car for $7000. The car depreciates at a rate of 6% per year. x

f(x)

0 1 2 3 4

f(x) = _______________

Evaluate: f(5) and explain what this means. ______________________________________________________________________________ ______________________________________________________________________________

3. How much must you deposit (principle) in an account that pays 6% interest compounded yearly to have a balance of $1000 after 8 years?

4. Manatees are going extinct at a rate of 5% per year. 10 years from now, there will be 2884 manatees. How many are there currently?

Write the equation for the given graph: 5.

f(x) = _______________

Copy of Exponential Growth & Decay worksheet.pdf

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