Tell whether the statement describes exponential growth or decay.Write your answer on the blank.
_____1. The value of a car purchased at ₱ 600, 000 depreciates at the rate of 115% a year.
_____2. There are 10, 000 concert tickets sold. Some were VIP and some were regular tickets.
_____3. A house and lot cost ₱ 1, 000, 000 at the beginning and increases in value annually at the rate of ₱ 7, 000.
_____4. The amount at the end of 5 years on a principal of ₱ 10, 000 at 3.5% compounded annually.
_____5. A bacteria in a cultured doubles every hour.
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Step-by-step explanation:
1. Depreciates - Decay
2. Sold - Exponential Growth
3. Increases - Exponential Growth
4. Compounded 3.5% - Exponential Growth
5. Doubles - Exponential Growth
Answer:
1. Decay
2. Exponential Growth
3. Exponential Growth
4. Exponential Growth
5. Exponential Growth