Exponential Word Problems U5
Exponential Word Problems U5
1. The price of a car that was bought for $10,000 and has depreciated 10% yearly. Find
the price of the car 8 years later.
5. In 1982, the number of Starbucks was 5 shops. It has exponentially grown by 21%
yearly. Let t = the number of years since 1982. Find an equation for this growth and find
the number of Starbucks predicted in 2015.
8. The depreciation of the value for a car is modeled by the equation y = 100,000(.85)x for
x years since 2000.
a. In what year was the value of the car was $61,412.50?
100000 (0.85)x = 61,412.5;
log 0.85(0.614125) = x = 3. 2003
b. In what year, will the value of the car reach ¼ of its original value.
¼ (100,000) = 25,000 = 100,000(.85)x
log 0.85(1/4) = 8.53 years = x
2. A new automobile is purchased for $20,000. If V = 20,000(0.8) x, gives the car’s value
after x years, about how long will it take for the car to be worth $8,200?
8,200 = 20,000(0.8)X
log 0.8(8,200/20,000) = about 4 years
3. A cup of coffee contains 140 mg of caffeine. If caffeine leaves the body at 10% per
hour, how long will it take for half of the caffeine to be eliminated from ones body?
70 = 140 (0.9)x
log 0.9 (.5) = 6.5 Hours