6. Write an exponential function (in function notation) for each of the following situations described below. a. A population begins with 1000 members and doubles every 12 years. b. A commercial property is initially worth $120,000 loses 23.5% of its value every 2 years. c. An investment worth $3000 grows by 30% every year.
6. Write an exponential function (in function notation) for each of the following situations described below. a. A population begins with 1000 members and doubles every 12 years. b. A commercial property is initially worth $120,000 loses 23.5% of its value every 2 years. c. An investment worth $3000 grows by 30% every year.
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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![6. Write an exponential function (in function notation) for each of the following situations described below.
a. A population begins with 1000 members and doubles every 12 years.
b. A commercial property is initially worth $120,000 and loses 23.5% of its value every 2 years.
c. An investment worth $3000 grows by 30% every year.
d. A population of 15,000 grows continuously at a rate of 2.5% per year.
e. You buy a house for $350,000 and its value declines at a continuous rate of -9.02% per year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd0afab78-253a-46c3-8fe5-7e40adbe9145%2F71d9f4f8-c6f7-48f8-8234-4666eb97c82d%2Fmgrspah_processed.jpeg&w=3840&q=75)
Transcribed Image Text:6. Write an exponential function (in function notation) for each of the following situations described below.
a. A population begins with 1000 members and doubles every 12 years.
b. A commercial property is initially worth $120,000 and loses 23.5% of its value every 2 years.
c. An investment worth $3000 grows by 30% every year.
d. A population of 15,000 grows continuously at a rate of 2.5% per year.
e. You buy a house for $350,000 and its value declines at a continuous rate of -9.02% per year.
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