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identify if the situation is exponential decay or growth, or neither us…

Question

identify if the situation is exponential decay or growth, or neither
use the drop - down arrows to complete the sentences

  • jackson invests $1000 in a bank with a 5% annual interest rate. this situation shows
  • april figured out that the value of a car decreases by a fixed amount of $800 per year. this situation shows
  • maggie observes that the amount of a radioactive substance decreases by 2% per day. this situation shows

Explanation:

Brief Explanations
  1. For Jackson's investment: The value grows by a percentage of the current amount each year, which fits exponential growth.
  2. For April's car value: It decreases by a fixed dollar amount annually, which is linear change, not exponential.
  3. For Maggie's radioactive substance: The amount decreases by a percentage of the current quantity each day, which fits exponential decay.

Answer:

  • Jackson invests $1000 in a bank with a 5% annual interest rate. This situation shows exponential growth
  • April figured out that the value of a car decreases by a fixed amount of $800 per year. This situation shows neither
  • Maggie observes that the amount of a radioactive substance decreases by 2% per day. This situation shows exponential decay