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# TODAY IN ALGEBRA 2.0…  REVIEW: Exponential Growth and Decay, Logs and Inverses of Logs  7.1-7.4 QUIZ – TODAY!

## Presentation on theme: "TODAY IN ALGEBRA 2.0…  REVIEW: Exponential Growth and Decay, Logs and Inverses of Logs  7.1-7.4 QUIZ – TODAY!"— Presentation transcript:

TODAY IN ALGEBRA 2.0…  REVIEW: Exponential Growth and Decay, Logs and Inverses of Logs  7.1-7.4 QUIZ – TODAY!

7.1 EXPONENTIAL GROWTH Starting salary for a college graduate with a bachelor’s degree is \$42,000 per year with an average annual increase of 8%. a.Write a function that models the salary for a college graduate with a bachelor’s degree over time t. b.After 10 years how much would an average college graduate make?

7.1 EXPONENTIAL GROWTH You deposit \$4000 in an account that pays 2.92% annual interest. Find the balance after 2 years if the interest is compounded with the given frequency. a.Quarterly: b. Monthly:

EXPONENTIAL DECAY You buy a new personal computer for \$1600. It is estimated that the computer’s value will decrease by 13% each year. a. Write a function that models the value of your computer over time t. b. About how much would your computer be worth in 4 years?

HOMEWORK #5: Pg. 504: 28-36 Pg. 1016: 21-24 If finished, work on other assignments: HW #1: Pg. 483: 28-30, 37, 38 Pg. 543: 27, 28 HW #2: Pg. 489: 1, 26, 30, 31, 33 HW #3: Exponential Growth and Decay WS HW #4: Pg. 503: 3, 4, 6, 8-12, 17-27

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