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The rate of decay of a radioactive substance depends upon the amount present initially. the mass y (mg) of the radioactive substance cobalt-60 present in a sample at time t (years) is represented by the exponential equation y=50e −0.1315 t . answer the following questions in complete sentences. 1. how does the exponential equation above compare to the equation for simple interest that is compounded continuously? explain the similarities. 2. what is the initial amount of cobalt-60 in the sample? 2. how much cobalt-60 is left after 8.4 years? show your work. 3. what would be the y-intercept of the graph? what does it represent? 4. after how many years will the amount of cobalt-60 left be 6.25 mg? explain what happens to the cobalt-60 after 50 years? 5. discuss some “real-world” examples and uses of cobalt-60

Barney & noblet customers can choose to purchase a membership for $25 per year members receive 10% off all store purchases 1. how much would a member pay per year if he bought $50 worth of items each year? 2. write a slope-intercept equation that expresses how much a member pays per year using x to represent his purchases per year 3. how much would a member have to spend per year to pay off his membership fee?