1.   Real Estate Julie bought a house for $100,000 five years ago. If the value of the house has appreciated 5% per year, how much is it worth now?
    A. $77,378.09 B. $119,643.57
    C. $127,628.16 D. $125,000.00
    Hint

  2.   Paleontology A fossil is found that contains 10% of the amount of carbon-14 found in a living being. About how old is the fossil?
    A. 17,600 years B. 19,200 years
    C. 20,700 years D. 15,300 years
    Hint

  3.   A Mickey Mantle rookie card appreciates in value 2% every year. If it is worth $35,000 in 2000, when will it be worth $100,000?
    A. 2093 B. 2065
    C. 2043 D. 2053
    Hint

  4.   Two cities have insect problems. The insects in City A increase exponentially according to the equation y = 120,000e0.04t. The insects in City B increase exponentially according to the equation y = 90,000e0.08t. When will the cities have an equal amount of insects?
    A. at t = 7.89 years B. at t = 7.19 years
    C. at t = 3 years D. at t = 34.66 years
    Hint

  5.   Suppose a new car loses value at 10% per year for the first 5 years. When should the owner sell it if they want to receive 75% of what they paid for it?
    A. after 3 years B. after 2.5 years
    C. after 2 years D. after 2.73 years
    Hint



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