E Ponential Equations Word Problems Worksheet
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What is the value of the car after three years? If a bank’s profits start at \ ($60,000\) and increase by \ (25%\) each year, how much will the profits be after \ (4\) years? Do not enter commas in your answer. You buy a new car for $22,500.
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The population of a small town can be modelled by the exponential function p(t) = 5000(1.02) t , where t represents the number of years since the current population count. A) in the equation provided, what does 5000 represent? It solves a sample problem and includes two practice problems. Logarithmic equations, including word problems that require the use of logarithms.
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