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2. (State whether the growth or decay is linear or exponential. Then answer the associated question, showing clear work. (2.1) A piece of land is valued at $300,000. However, its value is increasing at 15% per year. What is its value after 4 years? Round to the nearest dollar. O Linear Work: Exponential (2.2) The number of locally owned businesses in our town seems to be decreasing at a rate of 35 per year. If there are 860 locally owned businesses today, what number can we expect to have in 5 years? O Exponential O Linear Work:

2. (State whether the growth or decay is linear or exponential. Then answer the associated question, showing clear work. (2.1) A piece of land is valued at $300,000. However, its value is increasing at 15% per year. What is its value after 4 years? Round to the nearest dollar. O Linear Work: Exponential (2.2) The number of locally owned businesses in our town seems to be decreasing at a rate of 35 per year. If there are 860 locally owned businesses today, what number can we expect to have in 5 years? O Exponential O Linear Work:

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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2. State whether the growth or decay is linear or exponential. Then answer the associated question, showing clear work. (2.1) A piece of land is valued at $300,000. However, its value is increasing at 15% per year. What is its value after 4 years? Round to the nearest dollar. Linear Work: Exponential (2.2) The number of locally owned businesses in our town seems to be decreasing at a rate of 35 per year. If there are 860 locally owned businesses today, what number can we expect to have in 5 years? Linear O Exponential Work:
Transcribed Image Text:2. State whether the growth or decay is linear or exponential. Then answer the associated question, showing clear work. (2.1) A piece of land is valued at $300,000. However, its value is increasing at 15% per year. What is its value after 4 years? Round to the nearest dollar. Linear Work: Exponential (2.2) The number of locally owned businesses in our town seems to be decreasing at a rate of 35 per year. If there are 860 locally owned businesses today, what number can we expect to have in 5 years? Linear O Exponential Work:
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