1.

(05.01 MC) Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principal amount, with an interest of 3% compounded quarterly. Brooklyn wants to deposit $300 as the principal amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work. (10 points)

2.

(05.02 MC) Daniel is looking over some data regarding the temperatures of countries and how the temperature relates to the number of mosquitoes. The data are represented by the exponential function f(x) = 2^x, where x is the number of mosquitoes. Explain how he can convert this equation to a logarithmic function when the temperature is 64 degrees. (10 points)

3.

(05.02 MC) Angie is working on solving the exponential equation 23^x= 6; however, she is not quite sure where to start. Using complete sentences, describe to Angie how to solve this equation. Hint: Use the change of base formula: