# FNGR 1 | Lesson 2 | Practice (Assess) Solutions

Assess Solutions:

1. growth, the graph is increasing
2. growth, the graph is increasing
3. decay, the graph is decreasing
4. growth, the graph is increasing
5. decay, the initial value is 700 and rate of decay is 75%
6. growth, the initial value is 2/3 and the rate of growth is 4
7. Half-life is exponential decay; at 10 am there is approximately 98.4 mg left.
8. Compound interest is exponential growth; at a daily rate;  $13,498.42 and at a quarterly rate,$13, 483.98.  Daily is better.

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