need answer for 2,3,4,56, no number please help I need for

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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I need answer for 2,3,4,56, no number please help I need for homework
Exponential Growth Model
y C(1 +r)'
where y represents the final amount, C represents the initial amount, r represents the rate of change
expressed as a decimal, and t represents time.
1). Humberto buys a house for $121,000. If the
2). The current population of Modesto is 240,000. If
price of the house goes up 5% per vear, how much the population increases at a rate of 2.3%, what is the
is the house worth in 10 years .051
population in 8 years?
121,200 (105)"
3). The current population of Yuba City is
50,000. If the population increases at a rate of
3.5% a year, what is the population in 15 years?
4). Tanya buys a house for $240,000. If the price of
the house goes up 7% per year, how much is the house
worth in 12 years?
5). Find a bank account balance if the account
6). You have inherited land that was purchased for
starts with $100, has an annual rate of 4%, and the $30,000 in 1960. The value of the land increased by
approximately 5% per year. What is the approximate
value of the land in the year 2022?
money left in the account for 12 years.
Transcribed Image Text:Exponential Growth Model y C(1 +r)' where y represents the final amount, C represents the initial amount, r represents the rate of change expressed as a decimal, and t represents time. 1). Humberto buys a house for $121,000. If the 2). The current population of Modesto is 240,000. If price of the house goes up 5% per vear, how much the population increases at a rate of 2.3%, what is the is the house worth in 10 years .051 population in 8 years? 121,200 (105)" 3). The current population of Yuba City is 50,000. If the population increases at a rate of 3.5% a year, what is the population in 15 years? 4). Tanya buys a house for $240,000. If the price of the house goes up 7% per year, how much is the house worth in 12 years? 5). Find a bank account balance if the account 6). You have inherited land that was purchased for starts with $100, has an annual rate of 4%, and the $30,000 in 1960. The value of the land increased by approximately 5% per year. What is the approximate value of the land in the year 2022? money left in the account for 12 years.
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