As we continue to think about modeling with mathematics, there are some situations where we do more than just model a set of data or a graph with a function. Sometimes we use an existing model in a context to create a different model that relates the variables in a different way. This gives us different things to solve for and a unique way to represent the situation with graphs. The list gives some scenarios we can use exponential functions to model. Study each scenario and the function that models it, then answer the questions that follow: David estimated he had about 20 fish in his pond. A year later, there were about 1.5 times as many fish. The year after that, the number of fish increased by a factor of 1.5 again. The number of fish is modeled by f(x) = 20(1.5)x. The price of gas, which started at $2.56 per gallon, increased at a rate of 4% per year. The price of gas is modeled by f(x) = 2.56(1.04)x. The chess club started with a membership of only 4 students, but the membership grew at a rate of 2.56% each week. The number of students is modeled by f(x) = 4(1.0256)x. A forest started with 256 maple trees, and the number of maple trees increased at a rate of 40% each year. The number of trees is modeled by f(x) = 256(1.4)x. In 2001, a plot of land was worth $12,000. Each year, the value of the plot increases by 8%. The value of the plot is modeled by f(x) = 12,000(1.08)x. Liam buys a motorcycle for $2,900. Its value depreciates annually at a rate of 12%. Its value is modeled as p(x) = 2,900(0.88)x. A nonnative fern species is introduced into an area and quickly begins to die. The number of plants is modeled by p(n) = 1,200(0.8)n. A radioactive substance with a mass of 64 grams decays at a rate of 25% every hour. The mass of the substance is modeled by m(x) = 64(0.75)x.