perso) 1 i Name Dare | Wh Practice A “ | For use with pages 477-482 5 | 5 } § Write the growth factor used to model each percent of increase in ie an exponential function. ' 1. 3% 2.9% 3. 6.8% 4. 10.2% 5. 1.01% 6. 0.8% You deposit $1300 in an account that pays 4% interest compounded yearly. Find the balance for the given time period. 7. 3 years 8. 6 years 9. 10 years 10. 25 years Find the balance after 5 years of an account that pays 5.2% interest compounded yearly given the following investment amounts. 11. $500 12. $650 13. $1000 14. $1250 15. Money Choices Which option gives the 16. Money Choices Which option gives the greater ending balance? greater ending balance? a. Put $100 in an account that pays 5% inter- a. Put $625 in an account that pays 8% interest ‘est compounded yearly for 5 years. compounded yearly for 8 years. b. Keep $105 in your room and add $4 to it b. Put $750 in an account that pays 6% interest ) each year for 5 years. compounded yearly for 8 years. 17. College Tuition From 1990 to 2000, the Profit Increase _\n Exercises 18 and 19, use tuition at a college increased by about 8% ‘the following information. er Year, Use the graph below fo write an business had an $1,000 profit in 1995. Then SN the profit increased by 15% per year for the next ‘5 years. ; College Tuition 18. Write an exponential growth model. ; 1 ; zm 19. Graph the exponential growth model in i a0 Exercise 18. : 3 1000 1 § 6000 ; Es 4000 24 6 8 0T Years since 1990 in exponential growth model. 20. A business had a $5000 profit in 1990. Then the profit inereased by 15% per year for the next 10 years. 21. A town had a population of 48,000 in 1995. Then the population increased by 8% per year for the next 5 years. 2% You memorized 15 Spanish vocabulary words. Then you memorized 20% more words each week for the next 10 weeks. Copyright © McDougal Lite Inc. Algebra 1 Aliights reserved (Chapter & Rasouree BookNawe Dare Fs Practice B 3 Foruse with pages 471-42 5 ( E) You deposit $1500 in an account that pays 5% interest compounded yearly. Find the balance for the given time period. 4. 3 years 2. S years 3. 8 years 4. 10 years Find the balance after 5 years of an account that pays 5.2% interest compounded yearly given the following investment amounts. . 8, $500 6, $550 7. $600 8, $800 9. Money Choices Which option gives the 10. Money Choices Which option gives the greater ending balance? . Put $360 in an account that pays 5% inter- est compounded yearly for 10 years b. Put $375 in an account that pays 4.5% interest compounded yearly for 10 years. 11. Profit Increases From 1990 to 2000, the profit eamed by a company increased by about 1.5% per year. Use the graph below to write an exponential growth equation. Profit Increases, 13, Business Profit A business had a $5000 profit in 1990. Then the profit increased by 15% per year for the next 10 years. Write an exponential growth model for the company’s profit over the 10-year period. Use the model to find the profit in 1995. 15, Memorizing Vocabulary You memorized 15 Spanish vocabulary words. Then you memorized 20% more words each week for the next 10 weeks. Write an exponential growth model for the number of vocabulary ‘words you memorized over the 10-week period. Use the model to find the number of vocabulary words you knew after 6 weeks. 12. 14. 16. greater ending balance? a. Put $100 in an account that pays 8% interest. compounded yearly for 10 years. b. Put $150 in an account that pays 7% interest ‘compounded yearly for 5 years. California ‘The population of California increased about 32% per decade from 1930 to 1990. Use the graph below to write an exponen- tial growth model. Ifthe population continues to increase, what will the population be in 2000? California Population Sa a \ 30| ci 20} ie 18+} 10 80.5.7 4 ib | 1234567 Decades since 1930 ins z 5 & 5 3 Fa Population town had a population of 48,000 in 1995, Then the population increased by 84% per year for the next 5 years. Write an exponen- tial growth model for the town’s population over the 5-year period. Use the model to find the population in 1998. Fruit Fly Population You begin with 50 fruit flies for a science project. The fruit flies increase in number by 30% each day for a week. Write an exponential growth model for the number of fruit flies over the one-week period. Use the ‘model to find the number of fruit flies you have at the end of 4 days. Copyright © McDougal Lite Ic. Aeghts reserved, &Name Dare Practice C For use with pages 477-482 You deposit $1250 in an account that pays 3.9% interest compounded yearly. Find the balance for the given time period. 1. 5 years 2. 10 years 3. 15 years 4. 20 years Find the balance after 7 years of an account that pays 6.15% interest compounded yearly given the following investment amounts. 5. $900 6. $1550 7. $3000 8. $4500 8. Investment What is the value of an $10,000 investment after | year if it ears 7% annual interest compounded quarterly? To solve, use the compound interest formula Ps 10,000(1 + oor where 7 is the total number of compounding periods. 10. Profit Increase From 1990 to 2000, the 11. Copy and complete each table of values. profit earned by a company increased by ‘Sketch the graph of the exponential function. | about 2.25% per year. Use the graph below .000(1.08)¢ j to write an exponential growth equation. z {ea Seilied| ae [eases [ise G » Profit increase A | Reo i goof TTT b. y = 3500(1.055)" 3 { eo oe eri [bee [ea eer $ 50] y | i 3 200, 5 Gao t ‘ Years since 1990 12, Business Profit A business had a $5000 13. Population _A town had a population of profit in 1990. Then the profit increased by 12.5% per year for the next 10 years. Write ‘an exponential growth model for the com- any’s profit over the 10-year period. Use the 48,000 in 1995. Then the population increased by 8.3% per year for the next 5 years. Write an exponential growth model for the town’s popu- lation over the 5-year period. Use the model to model to find the profit in 1995, find the population in 1998, \ 14, Fruit Flies _A population of 25 fruit flies is released in the school’s science lab. The population doubles each day for 5 days. What is the Percent of increase each day? What is the population after 5 days? 15. Internet Users The number of students who have applied for Internet privileges at school has tripled each month. What is the percent of increase each month? If 45 students had Internet privileges initially, ) how many had privileges 4 months later? Algebra 1 Copyright © MeDougal ital Ie. Chapter 8 Resource Book Allright resarved,Lesson 8.5 Y Warm-up Exercises 1.17.5 2, 288,29151 3.33 4, 59,037 Daily Homework Quiz 1. 0,0000632 2. 4.55. 3. 71,680,000 4, 3.59176 x 10° 5. 8.49 x 10° 6. 4.6 x 10* 7. 0.000000054 8. 75,000 Lesson Opener Allow 10 minutes. 4. D; The growth can be given by 700(1.02)(1.02)(1.02)(1.02)(1.02) = 700(1.02)° 2. B; The growth can be given by '30,000(1.05)(1.05)(1.05) = 50,000(1.05)° 3. A; The growth can be given by 100,000(1.03)(1.03)(1.03)(1.03) = 100,000(1.03)*. 4. Sample answer: In each answer, one plus the ant growth is raised to a power (the time period) and then multiplied by the beginning amount, Graphing Calculator Activity 1. double 2, 18 years 3. 9 years 4. Gyears 5, 7.2 years ‘Practice A” 4.1.03 2, 1,09 3. 1.068 4, 1.102 5. 1.0101 6. 1.008 7. ~$1462.32 8, ~$1644.91 9. ~$1924.32 10. ~$3465.59 11. ~S$644.24 12. ~$837.51 13. =$1288.48 14. ~$1610.60 15. a 16. b 17. T= 4000(1.08 18. P = 11,000(1.15)" 19. 20. y = S000(1.15)' 21. y = 48,000(1.08)' = 15(1.2 Copyright© MeDougl Litt ne. if veeere. Practice BL 1, = $1736.44 2. ~ $1914.42 3. = $2216.18 4. ~ $2443.34 5. = $644.24 6. ~ $708.67 7. ~ $773.09 8. = $1030.79 9a 10. a 11. P= 100,000(1.015) 12. P = 5,700,000(1.32}';39,801,000 13. y = 5000(1.15)'; ~ $10,057 14, y = 48,000(1.08)'; + 60,466 15. y = 15(1.2)'; ~ 45 words 16. y = 5O(1.3)' = 143 Practice © © 1, ~$1513.52 2. =$1832.59 3. ~$2218. 4, =$2686.71 5. ~$1366.73 6, ~$2353.8 7. $4595.76 8. ~$6833.65 9. $10,718.5¢ 10. P = 375,000(1.0225' [Al 2160| 2332.8] 2519.4 | 2721] 2938.7] 3173.7, 4335.9] 4574.4] 4825 Oras es ey 3000(1.125)'; ~ $9010 8,000(1.083)'; ~ 60,971 15. 200% ; 3645 Algebrat EB Chapter 8 Resource Book