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Published byFrederica Rich Modified over 9 years ago
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2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Evaluate Separate the log Write as a Single log Solve for xApplications
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Graph
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Use the change of base formula to evaluate
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Solve
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Find the exponential function through the two points
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You deposit $975 is an account that pays 5.5% annual interest compounded continuously. What is the balance after 6 years?
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A new car costs $23,000. The value decreases by 15% each year. What is the value of the car after 3 years?
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approximately $14,125
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You deposit $500 in an account that pays 3% annual interest. Find the balance after 2 years if the interest is compounded quarterly.
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On the day a person was born, a deposit of $50,000 was made in a trust fund that pays 8.75% interest, compounded continuously. Find the balance on the person’s 35th birthday.
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