Exponential+Functions-Target+D-Modeling+Data-Practice+Problems


 * 1)** You decided to use part of your savings to contribute to your IRA (Individual Retirement Account). You can can afford to contribute $2000 and the fund that you want to invest in averages a 5% interest rate compounded yearly. Determine how much of your original investment would be worth in:
 * a)** 20 years
 * b)** 30 years
 * c)** 40 years

Use the app to check your answer: media type="custom" key="27674590"


 * 2)** According to U.S. News college tuition currently grows by 3.8% per year. If the average cost of going to college is $30,090 per year, what will the cost be in four years?


 * 3)** You decide to buy a phone, computer and tablet for your first year in college and you spend $4000. If we predict that the the depreciation of those devices is 22.4% each year. What will they be worth at the end of your freshman, sophomore, junior and senior years?


 * 4)** Each year a resort is seeing a 5% decline in visitors each year for five years. The original attendance is 3,000 patrons. What is the attendance at the end of the five years?

media type="custom" key="27651962" If the latest fourth-gen Intel Core processor has 1.7billion transistors, how many transistors will be on the processor of the same size that comes out in 10 years?
 * 5)** In 1965, an observation was made by Intel co-founder Gordon Moore, he noticed that the number of transistors per square inch on integrated circuits had doubled every year since their invention.