Exam 4: Exponential Functions

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An investment grows according to the formula V=7000e0.051tV=7000 e^{0.051 t} . How many years will it take for the original investment to triple? Round to 1 decimal place.

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Which of the following characteristics describe the graph of f(x)=(1.5)xf(x)=(1.5)^{x} ?

(Multiple Choice)
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Each of the functions in the table below is increasing, but each increases in a different way. One is linear, one is exponential, and one is neither.  Each of the functions in the table below is increasing, but each increases in a different way. One is linear, one is exponential, and one is neither.   The following three graphs correspond with the functions in the table. Which is the graph of  g  ? The following three graphs correspond with the functions in the table. Which is the graph of gg ?

(Multiple Choice)
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A population has size 3,000 at time t=0t=0 , with tt in years. If the population grows by 10%10 \% per year, what is the formula for PP , the population at time tt ?

(Multiple Choice)
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If you start with $8,000\$ 8,000 , how much money will you have after a 10%10 \% increase?

(Short Answer)
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For the instantaneous compound interest in the formula Q=2,500e0.03tQ=2,500 e^{0.03 t} , find the effective annual growth rate. Round to the nearest hundredth of a percent.

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Which of the following is correctly ordered from least to greatest?

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The amount of pollution in a harbor tt hours after it was contaminated by illegal dumping is given by A=70(0.65)tA=70(0.65)^{t} tons. What percentage of the pollution leaves the harbor each hour?

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Match the graph to its equation. Match the graph to its equation.

(Multiple Choice)
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The following figure gives the graph of C=f(t)C=f(t) , where C\mathrm{C} is the computer hard disk capacity (in hundreds of megabytes) that could be bought for $500t\$ 500 t years past 1989 . If the trend displayed in the graph continued, how many megabytes would a $500\$ 500 hard drive have in 1997? Round to the nearest hundred. CC , capacity (in 100 s of megabytes)  The following figure gives the graph of  C=f(t) , where  \mathrm{C}  is the computer hard disk capacity (in hundreds of megabytes) that could be bought for  \$ 500 t  years past 1989 . If the trend displayed in the graph continued, how many megabytes would a  \$ 500  hard drive have in 1997? Round to the nearest hundred.  C , capacity (in 100 s of megabytes)

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The population of a city has been growing at a rate of 4%4 \% per year. If the population was 100,000 in 1990, what was the population in 1995? Round to the nearest whole number.

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The population of a city is increasing exponentially. In 2000 , the city had a population of 70,000. In 2003, the population was 89,870 . Let P(t)P(t) be the population of the town tt years after 2000 . Use a graph of P(t)P(t) to estimate the year in which the population will reach 250,000 .

(Short Answer)
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A store's sales of cassette tapes of music decreased by 6%6 \% per year over a period of 5 years. By what total percent did sales of cassette tapes decrease over this time period? Round to 1 decimal place.

(Short Answer)
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For the instantaneous compound interest in the formula Q=3,000e0.09tQ=3,000 e^{-0.09 t} , find the effective annual growth rate. Round to the nearest hundredth of a percent.

(Short Answer)
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What is the maximum number of solutions the equation 2+x=2(4)x2+x=2(4)^{x} can have?

(Short Answer)
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Is the formula for a function representing a quantity which begins at NN in year t=0t=0 and grows at a continuous annual rate of r3%\frac{r}{3} \% given by f(t)=Nert3?f(t)=N e^{\frac{r t}{3}} ?

(True/False)
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If you start with $6,000\$ 6,000 , how much money will you have after a 5%5 \% increase followed by a 25%25 \% decrease?

(Short Answer)
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A population is 30,000 in year t=0t=0 and declines at a continuous rate of 5%5 \% per year. What is the formula for P(t)P(t) , the population in year tt ?

(Multiple Choice)
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A radioactive substance decays by 12%12 \% every year. Which of the following is the formula for the quantity, QQ , of a 10 gram sample remaining after tt years?

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Solve y=5(1.1)xy=5(1.1)^{x} for xx if y=6.655y=6.655 .

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