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Exponential Growth and Decay Modeling
Worksheet
Grade Level
Algebra II
ALG2.156 Exponential Growth and Decay Modeling
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Two investments start at the same time. Investment X: 4,000 dollars grows by 5% each year. Investment Y: 4,000 dollars grows by 3% each year. Which statement is correct?
A
Y will always be larger because it has a smaller rate.
B
X and Y will be equal after 1 year.
C
Y will eventually pass X because exponential growth speeds up.
D
X will be larger than Y for every year t>0.
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