The fish population in Loon Lake is modelled by the equation P(t) = 2500(0.92)^t where P(t) represents the number of fish and t represents the time, in years, since January 2010. In which year will the fish population decrease to 2000? You make an investment of $350 which earns 2.5% / a compounded monthly. How many complete months will it take for the investment to b valued at $400? Pavendeep recently spent $16 500 on a new car. He read that the depreciation rate for this model of car is 14%. How much money is Pavendeep's car worth in 6 years?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 31HP
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The fish population in Loon Lake is modelled by the equation
P(t) = 2500(0.92)^t
where P(t) represents the number of fish and t represents the time, in
years, since January 2010.
In which year will the fish population decrease to 2000?
You make an investment of $350 which earns 2.5 % / a compounded
monthly. How many complete months will it take for the investment to be
valued at $400?
Pavendeep recently spent $16 500 on a new car. He read that the
depreciation rate for this model of car is 14%. How much money is
Pavendeep's car worth in 6 years?
Transcribed Image Text:The fish population in Loon Lake is modelled by the equation P(t) = 2500(0.92)^t where P(t) represents the number of fish and t represents the time, in years, since January 2010. In which year will the fish population decrease to 2000? You make an investment of $350 which earns 2.5 % / a compounded monthly. How many complete months will it take for the investment to be valued at $400? Pavendeep recently spent $16 500 on a new car. He read that the depreciation rate for this model of car is 14%. How much money is Pavendeep's car worth in 6 years?
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