5. The population of Barnardsville in 2014 was estimated to be 24,000 people with an annual rate of increase (growth) of about 2.4%. Which function would give you the estimated fotal population, y, of Bamardsville in 2021? [A] y = 24000 (1 + 2.4)7 IC] y = 24000 (1 +.024)7 [B] y = 24000 (1+ 2.4)21 [D] y = 24000 (1 + .24)21

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
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Chapter6: Vector Spaces
Section6.7: Applications
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ka x
E Important Message
Rapidkdentity
EOC Hornework #4- Exponential x
cture.com/courses/380778/quizzes/3184993?module_item_id%3D29395812
chool/Canv..
5. The population of Barnardsville in 2014 was estimated to be 24,000 people with an annual rate
of increase (growth) of about 2.4%. Which function would give you the estimated total
population, y, of Bamardsville in 2021?
[A] y = 24000 (1 + 2.4)7
IC] y = 24000 (1 +.024)7
[B] y = 24000 (1+ 2.4)21
[D] y = 24000 (1 + .24)21
7. Matt bought a new car at a cost of $28,000. The car depreciates approximately 15% of its value
each year. Which function would give you the estimated value of the car, y, after t years?
[A] y = 28000 (.15)'
[B] y = 28000 (1.15)'
{C] y = 28000 (.85)
[D] y = 28000 (1.015)'
Name:
8. Kelly plans to put her graduation money into an account and leave it there for 4 years while she
goes to college. She receives $900 in graduation money that she puts into an account earning 4.25%
interest annually. How much will be in Kelly's account at the end of four years?
[B] $1.063.03
[C] $3.711.09
[D] $293.628.5
[A] $1,052.87
ilts are shown in
Transcribed Image Text:ka x E Important Message Rapidkdentity EOC Hornework #4- Exponential x cture.com/courses/380778/quizzes/3184993?module_item_id%3D29395812 chool/Canv.. 5. The population of Barnardsville in 2014 was estimated to be 24,000 people with an annual rate of increase (growth) of about 2.4%. Which function would give you the estimated total population, y, of Bamardsville in 2021? [A] y = 24000 (1 + 2.4)7 IC] y = 24000 (1 +.024)7 [B] y = 24000 (1+ 2.4)21 [D] y = 24000 (1 + .24)21 7. Matt bought a new car at a cost of $28,000. The car depreciates approximately 15% of its value each year. Which function would give you the estimated value of the car, y, after t years? [A] y = 28000 (.15)' [B] y = 28000 (1.15)' {C] y = 28000 (.85) [D] y = 28000 (1.015)' Name: 8. Kelly plans to put her graduation money into an account and leave it there for 4 years while she goes to college. She receives $900 in graduation money that she puts into an account earning 4.25% interest annually. How much will be in Kelly's account at the end of four years? [B] $1.063.03 [C] $3.711.09 [D] $293.628.5 [A] $1,052.87 ilts are shown in
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