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Determine Whether the Growth (Or Decay)is Linear or Exponential, and Answer

Question 56

Multiple Choice

Determine whether the growth (or decay) is linear or exponential, and answer the associated question.
-The value of your car is decreasing by 12% per year. If the car is worth $9749 today, what will it be worth in two years?


A) Exponential; $8614.22\$ 8614.22
B) Linear; $10,918.88\$ 10,918.88
C) Linear; \$12,088.76
D) Exponential; $7549.63\$ 7549.63

Correct Answer:

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