This amount will be more than 1 The base of our exponential function.

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Presentation transcript:

This amount will be more than 1 The base of our exponential function

This amount will be between 0 and 1 The base of our exponential function

It costs $400 to buy a football autographed by Falcon’s quarterback Matt Ryan. It is expected increase in value 4% per year. a) Does this equation represent growth or decay?_______________ rate of growth b) What is the rate of growth or decay? _______________ c) What is the initial value?_______________ d) Write a model describing this situation._______________

A house in my neighborhood is for sale for $150,000. It is expected to increase in value 1.2% per year. a) Does this equation represent growth or decay?_______________ rate of growth b) What is the rate of growth or decay? _______________ c) What is the initial value?_______________ d) Write a model describing this situation._______________

A new I-Pad 2 costs $429. It is expected to decrease in value 15% each year. a) Does this equation represent growth or decay?_______________ rate of growth b) What is the rate of growth or decay? _______________ c) What is the initial value?_______________ d) Write a model describing this situation._______________

A brand new Chevy Camaro cost $29,000. It is expected to decrease in value 12% per year. a) Does this equation represent growth or decay?_______________ rate of growth b) What is the rate of growth or decay? _______________ c) What is the initial value?_______________ d) Write a model describing this situation._______________