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Mathematics, 08.03.2021 19:50 nyajah13

For problems 1 through 3, write an exponential equation to represent each situation. Be sure to define your variable. 1. A person deposits $1,500 into a savings account that generates 7.3% interest per year. When will the account contain $8,000?

2. The population of a town increases 3% every year. There are currently 25,000 people living in the town. When will the town have 40,000 people?

3. The price of gas is declining 2% each week. The price is currently $2.06 per gallon. When will the price be $1.90 per gallon?

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