Multiple Choice/Numerical Response Question 1 (1 point) A small northern Alberta town has been experiencing a decrease in population of 2.5% each year since the year 2015. In 2015 the population of the town was 7564 people. An equation to represent the town's population is ( a) p = 7564(0.975)* ( b) p = 7564(1.025)* O c) p = 7564(0.025)x O d) p = 7564(2.5)xQuestion 2 (1 point) Samuel made the following statements about an exponential equation, y = 7(5)", given to him. His true statements are: Note: select ALL true statements from the list. (1) The range is { y y > 0, y ER}. 2) The x-intercept is (7, 0). (3) The range is {yly > 0, y ER} 4) There is no y-intercept. (5) There is no x-intercept because there is an asymptote at y = 0. (6) The y-intercept is (0, 7).Question 3 [1 point) The solution to the exponential equation 253al5 : % can be written as _ E N - The value of M is Question 4 (1 point) An investment can be modeled by the growth function A(t) = P(1. 015), where A(t) represents the value of the investment in dollars after t years. The value of a $4300 investment, to the nearest dollar, 8 years after it is invested is $ A/Question 5 [1 point} The population of a specific bacteria growing in a Petri dish is modelled by the function, P (t) : 5000(2) 1:- ' where Pit) represents the number of bacteria and t represents the time, in days, after the initial time. The number of days it takes for the population to double is C] x days. Question 6 (1 point) The equation of the exponential regression function for the data given below is X 1 3 5 7 9 11 y 2500 850 300 95 35 10 a) y = 4444(0.578)* ( b) y = 0.578(4444)x O c) y = 8.17(0.999)x O d) y = 0.999(8.17)xQuestion I" {1 point) Denis recently spent $1450 on a new laptop for his home business. He read that the depreciation rate for this model laptop is 20%!vear. In three years Denis can expect to sell his laptop. to the nearest dollar, for $ 15