Exponential Functions Answers

The stock for a given company has steadily increased from the beginning of 2006 to the end of 2007 by 5% per year, however, in 2008 the stocked increased by 10%. If the stock was purchased at $12.43 at the beginning of 2006, then what is the value of the stock at the end of 2008? Round your answer to the nearest cent. a. $15.07 c. $13.70 b. $14.36 d. $13.67 Please select the best answer from the choices provided

What is the growth factor that corresponds to a product that increases its value first by 13.2%, and then increases by 16.5% of its value, and finally increases by 27% of its value? Round to the thenths place.a.1.57c.3.57b.1.67d..59

The price for a gallon of whole milk has increased from 2006 to 2008. From 2006 to 2007, the cost of whole milk increased by approximately 56%. From 2007 to 2008, the cost of milk whole milk increased by approximately 42%. If, on average, the cost for a gallon of whole milk nationwide was $1.99 at the beginning of 2006, determine the cost for a gallon of whole milk by the end of the year 2008. Round your answer to the nearest cent.a.$3.10c.$2.83b.$4.41d.$3.94

Sam just purchased a new car. After his employee discount and the sale that the dealership applied to the original price, Sam paid $13,734.60. If Sam’s employee discount was applied to the original price after the dealer discount, then determine the original price of the vehicle given that the employee discount was 8% and the dealership discount was 25%. Round your answer to the nearest cent.a.$20,375.21c.$19,250.13b.$18,350.33d.$19,905.22

During the Christmas holiday, the Nintendo Wii was one of the most preferred gifts. This demand increased prices of the Nintendo Wii far beyond its suggested retail price. In the month of October, the price of the Wii, at some retailers, increased by 42.6% over the suggested retail price. In the month of November, the price of the Wii, at some retailers, increased by an additional 72.7%. If, by the end of November, the selling price at some retailers is $429.95, determine the suggested retail price. a. $347.79 c. $287.00 b. $174.58 d. $254.00 Please select the best answer from the choices provided

What is the decay factor that corresponds to a product that decreases its value first by 15%, and then decreases by 32% of its value, and finally decreases by 99% of its value?a.0.32c.0.04752b.0.00578d.0.46

What is the decay factor that corresponds to a product that decreases its value first by 20%, and than decreases by 40% of its value, and finally decreases by 62% of its value?a.0.22c.0.1824b.0.0496d.0.62

You recently purchased a new snowboard for the upcoming winter. The board, with bindings, came out to be $315.32. You were told that the store was running a sale on the make and model of snowboard that you purchased and, because you were a member of the shop, you received an additional discount. If the store discount on the make and model of board that you purchased is 15% and the shop member discount is 5%, then determine the original price of the item. Round your answer to the nearest cent.a.$368.02c.$299.55b.$390.49d.$175.18

The stock market in 2008 has gone through drastic changes. On December 3rd, 2008 the Dow Jones Industrial Average (DJIA) closed the day at 8,591.69 points. On December 4th of the same year, the DJIA decreased by 2.51% of its December 3rd closing. On December 5th of the same year, the DJIA increased by 3.09% of its December 4th closing. Determine what the DJIA closed at on December 5th. Round your answer to the nearest point.a.8,631.78 pointsc.8,634.86 pointsb.8,750.35 pointsd.9,079.49 points

At 5 am in the morning, the outside temperature was 39° F. By 5 pm that same day, the outside temperature had increased by 43.59%. At 3 am the next day, the temperature had decreased by 25% of the temperature reading taken at 5 pm the previous day. Determine, with the given information, what the outside temperature was at 3 am the next day. Round your answer to the nearest degree.a.56º Fc.48º Fb.52º Fd.42º F

Determine the growth factor corresponding to 325% increase.a.1.25c.4.25b.3.25d.325

You are planning on purchasing a new car and have your eye on a specific model. You know that new car prices are projected to increase at a rate of 5% per year for the next few years. Find the cost of the car 3 years from now if the current price is $26,000. Write the equation that represents the projected cost C and provide a solution for the problem. a. $81,900 c. $82,404.45 b. $30,098.25 d. $74,285.71 Please select the best answer from the choices provided

You are planning on purchasing a new car and have your eye on a specific model. You know that new car prices are projected to increase at a rate of 5% per year for the next few years. Find the cost of the car 4 years from now if the current price is $27,000. Write the equation that represents the projected cost C and provide a solution for the problem. a. $115,751.53 c. $106,666.67 b. $32,818.67 d. $113,400 Please select the best answer from the choices provided

It's winter and the powder on Vail Mountain has never been better. You decide to measure the snowfall over a three hour period to determine the amount of snow that has fallen. The first hour you record a 5% increase in snowfall, the second hour you record a 8% increase in snowfall, and the third hour you record a 11% increase in snow fall. Over the three hour period, the snow has increased to a height of 17 inches. How high was the snow on the first hour just before it started to snow? Round your answers to the nearest tenth of an inch. a. 13.3 inches c. 13.7 inches b. 13 inches d. 13.5 inches Please select the best answer from the choices provided

What happens to a graph that is representative of exponential decay? The graph goes: a.down and to the rightc.up and to the right b.down and to the left d.up and to the left

What is the growth factor that corresponds to a product that increases its value first by 2%, and then increases by 5% of its value, and finally increases by 12% of its value? Round to the tenths place.a.1.20c.1.19b.3.19d.1