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• Esmeralda borrowed $1500 on a 3% discounted loan for a period of 18 months. What is the loan's discount?

What is the net amount of money Esmeralda receives?

What is the loan's actual rate of interest? (to the nearest hundredth of a percent)

• A company invests $95000. After 7 years of growth at the same rate each year, the investment is worth $161560. Find the annual growth rate as a percentage.

• . Let y=4360e^0.37t When rewritten in the form y=ab^t, b = ______ accurate to at least 4 decimal places. The annual growth rate or decay rate for this function, as a percent, is % _____ accurate to at least 2 decimal places.

• Write an equation for yy, the value at time tt, that represents the situation. Let t=0t=0 represent the year 2019. A new home was purchased for $150,000 in the year 2019. The value has been increasing at the rate of 2% per year. Y=_________

• A population of a certain species of turtle is 10,000 animals and is increasing at the rate of 3% per year. This paragraph describes a(n) Select an answer: linear growth linear decay exponential growth exponential decay scenario. Write an equation for y, the population at time t (in years), representing the situation. y = _________ How many turtles are in the population after 15 years?______

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