Exponential Growth - Algebra

The attendance at the art museum at the New Year’s opening was 250 people. The attendance has been increasing at a rate of 3% each month. How many people will attend by the end of a year?

• 356
• 265
• 5825
• 1329

Tags

CCSS.HSF.BF.A.2

Classify the model as Exponential GROWTH or DECAY.
A=10(1.01)³

• Growth
• Decay

Tags

CCSS.HSF-IF.C.8B

Give the rate of growth:
y = 5(1.27)^x

• 127%
• 27%
• 5

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.B.5

Hannah invested $4000.  How much money will she have in 15 years if the interest rate of 6% is being compounded continuously? 

• 9839.42
• 32412.71
• 9838.41
• 32412.72

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

Suppose that you start with $10,000 for your child's college fund. In thirty-six months' time, how much money will you have if you invest in an instrument yielding 3.5% interest, compounded monthly? 

• 11105.41
• 35189.62
• 35189.61
• 11105.42

Suppose you deposit $3000 in a savings account that pays interest at an annual rate of 4%. If no other money is added or withdrawn from the account, how much will be in the account after 10 years?

• $3122.18
• $4994.50
• $4440.73
• $86,776.40

Twenty years ago, Mr. Davis purchased his home for $160,000. Since then, the value of the home has increased about 5% per year. How much is the home worth today?

• $176,783.29
• $424,527.63
• $57,357.75
• $532,041,076.80

Tags

CCSS.HSA.CED.A.1

Is the pictured graph growth, decay, or linear or none?  

• Exponential Growth
• Exponential Decay
• Linear
• None

Tags

CCSS.HSF-IF.C.7E