Word Problem 1 Suppose you deposit $1000 earned from your summer job in a savings account that pays 4.8% interest compounded annually.

Write an exponential function to model the amount of money in your savings account. Type your answer. Remember that n^x means nˣ . Both would be n to the xth power.

How much will you have in your account after 20 years?

Word Problem 2

Theresa purchases a new automobile for $24,000.The value of the car drops each year according to the table shown.

Find an equation to model the value of the car x years after she purchases it. Type your answer. Remember that n^x means nˣ . Both would be n to the xth power.

Use your model to find the value of the car after 15 years.

Understanding "a" and "b"

Both graphs show exponential functions of the form y=a∙bˣ. State whether each statement applies to Graph A, Graph B, both graphs, or neither graph. *

This graph shows exponential growth.
This graph shows exponential decay.
For this graph a>0.
For this graph a<0.
For this graph b>1.
For this graph b<1.

If I get this correct, u get brainliest