Question

Which of the following the scenarios represent an exponential relationship?

(A) A car with an initial value of $32,000 is depreciating in value at a rate of 8.5% each year

(B) A job pays a base salary of 12,000 and increases annually at a rate of 7

(C) A car can be rented for $35 a day

(D) A job pas a 23,000 salary plus 5% commission on sales

(E) Johnny is saving for college by setting aside $1,000 into a piggy bank and then contributes $30 a month

Answer 1

A) A car with an initial value of $32,000 is depreciating in value at a rate of 8.5% each year

(B) A job pays a base salary of 12,000 and increases annually at a rate of 7%