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Name _____________________________
Date ___________________

Exponent and Logarithm Applications
(Answer ID # 0925408)
Complete

1.   Brad bought $5,141 worth of office equipment. The government allows for office equipment to be depreciated at an annual rate of 5.5% per year. How long will it take for Brad to depreciate the equipment fifty-four percent?





2.   Albert currently pays a $608 premium for health insurance. If the premium increases at an annual rate of 8.01% per year, how many years will it take for the premium to be $2,086.06?





3.   Brad created a chart that shows the population of a town will increase to 96,627 people from a current population of 11,211 people. The rate of increase is an annual increase of 4.18%. Brad forgot to include on the graph the number of years this increase will take. How many years should Brad add to the chart?





4.   The number of bacteria in a culture grows from 39 to 176 in 1 hour and 19 minutes. How many bacteria will be present in 9 hours and 16 minutes?






 


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