Olivia purchased a music system worth $18,000 in the year 2001. It loses its value by 6% per year. What is the value of the music system in 2003?

Matthew bought a laptop for $34,000 in the year 2008. Its value depreciates by 4% per year. What is the value of laptop in 2011?

In 1995, there were 85 rabbits in Central Park. The population increased by 12% each year. How many rabbits were in Central Park in 2005?

A private high school charges $57,000 for tuition, but this figure is expected to rise 10% per year. What will tuition be in 3 years?

Ryan bought a bike for $47,000 in the year 2002. Its value depreciates by 2% per year. What is the value of the bike in 2006?

Which of the following model is an exponential decay model?

Max has $30 in a savings account. The interest rate is 10%, compounded annually. To the nearest cent, how much will he have in 2 years?

In 1985, there were 285 cell phone subscribers in the small town of Centerville. The number of subscribers increased by 75% per year after 1985. How many cell phone subscribers were in Centerville in 1994?

Daisy purchased a food processor for $23,000 in the year 2009. It loses its value by 7% per year. What is the price of the food processor in 2012?

Adam bought a fish aquarium worth $2,000 in the first week of the year. Its value depreciates by 3% per week. What will the value of fish aquarium after 5 weeks?

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