What is the formula for compound interest when compounded monthly?
Alg Honors Unit 4 Review

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Mathematics
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9th - 12th Grade
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Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
2.
FLASHCARD QUESTION
Front
How do you solve for x in the equation (1/8)^x = 2^3?
Back
Convert to the same base: (2^{-3})^x = 2^3. Therefore, -3x = 3, so x = -1.
3.
FLASHCARD QUESTION
Front
In an exponential function, what does 'a' represent?
Back
'a' represents the initial amount or the starting value of the function.
4.
FLASHCARD QUESTION
Front
Back
'r' stands for the rate of growth.
5.
FLASHCARD QUESTION
Front
Which function represents an initial amount of $15 with a 35% increase each year?
Back
6.
FLASHCARD QUESTION
Front
What is the formula for exponential decay?
Back
7.
FLASHCARD QUESTION
Front
How do you express 1/8 as a power of 2?
Back
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