Practice! Exponential Growth 1) Which growth pattern in the table is exponential

Question

Practice! Exponential Growth 1) Which growth pattern in the table is exponential? Explain why Time Futuro Classico Standardo 7.00 17.50 43.75 109.375 19 1 20.38 2 21.76 3 23.14 4 24.52 15 24 63 273.4375 2) Let's suppose you are the company which started a new web domain name of" math". It has already been a year, the word is out and you are now starting to see growth. Actually, you estimate the growth as being 80% per month since you began. At this rate, you are sure money registering domain names for $9.95 each. You started this company a year ago wit one domain name (your own as the sample) in the first month. to make h just a) Come up with an equation to model how many domain names you http:ll registered/month in the past year. b) How much will you have made total at the end of next month, assuming it has been a year since you began? (Hint: remember you started with your original name, for which you did not charge yoursel) c) If the growth continues at this rate, when will you foreseeably make S1 million'? d) At this same rate, when will you reach 1 million registered"math" domain names?

Explanation / Answer

Question 1

Here the Classico and standardo pattern is exponential as the data is varying with a constant exponential rate.

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