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 In 1994, the number of weekly bus passes sold by City Transit was 98,481 and had been growing at a rate of approximately 3.8% per year. How many passes.

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Presentation on theme: " In 1994, the number of weekly bus passes sold by City Transit was 98,481 and had been growing at a rate of approximately 3.8% per year. How many passes."— Presentation transcript:

1  In 1994, the number of weekly bus passes sold by City Transit was 98,481 and had been growing at a rate of approximately 3.8% per year. How many passes were likely sold in 1997? In 1985?

2 Homework: p.376-378: 8, 17-22, 38

3 Ahmed invests $400 into a back account that pays 3.5% interest annually. How long will it take Ahmed’s account to accumulate $500?

4 An investment of $2000 earns 5.75% interest, which is compounded quarterly. After approximately how many years will the investment be worth $3000?

5 An investment of $100 is now valued at $149.18. The investment rate is 8% compounded continuously. About how long has the money been invested?

6 An investment of $200 is now valued at $315. Assuming continuous compounding has occurred for 6 years, approximately what interest rate is needed to be for this to be possible?

7 1.) Write a function that models 400 mg of a substance that has a half life of 84 days. 2.) How much of the substance will be left after 110 days?

8 An investment service guaranteed to double your money in 15 years. Assuming continuous compounding of interest, what rate of interest is needed?

9 1.) An element has a half life of 30 hours. Write an exponential function for a 100 mg sample. How much is left after 100 hours? 2) When will there by 15 mg left?

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11  In the movie The Lord of the Rings: The Two Towers, action sequences reached levels of 10 9.5 I 0. Find the decibel rating of these sequences and compare it with the average rating of 80dB for a ringing telephone. (Note that 80dB = 10 8.0 I 0 )

12 Solve each equation. Give the answers as calculator ready and rounded to the nearest hundredth. 1.) 4 x = 192.) 8 + 10 x = 1008 3.) 12 y-2 = 204.) 1.5 x = 356 5.) Once the population of Howard High School exceeds 2000 students the school will reconsider building a new high school in the area. Currently Howard High School has 1750 student and the population is growing 4% per year. How many years will it take for the school board to consider building a new school?

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