### Home > CAAC > Chapter 14 > Lesson 14.3.1.3 > Problem 3-40

3-40.

Tickets for a concert have been in incredibly high demand, and as the date for the concert draws closer, the price of tickets increases exponentially. The cost of a pair of concert tickets was

What is the daily percent rate of increase? What is the multiplier?

What percent of

is ? What will be the cost of a pair of concert tickets one week from now?

Construct a table of values or an equation describing the relation between the number of days since yesterday and the price of a ticket.

What was the cost of a pair of tickets two weeks ago?

In order to go backwards, make the exponent negative.