State whether each situation is best represented by an exponential or linear function. Then write an exponential or linear function for
the model and state whether the model is increasing or decreasing.
Enrollment at a school is initially 454 students and grows by 3% per year.
19
G
A salesperson initially earns $50,434 dollars per year and receives a yearly raise
of $675.
(3)
A customer borrows $450 at 5% interest compounded annually.
A wildlife park has 35 zebras and sends 1 zebra to another wildlife park each year.
The value of a house is $546,768 and decreases by 3% each year.
6.
The population of a town is 66,666 people and decreases by 160 people each year.
A business has a total income of $236,000 and revenues go up by 6.4% per year.