Exponential Growth/Decay & Compound Interest

Which of the following functions shows an initial amount of $15 and an increase of 35% each year?

• y = 15(35)^x
• y = 15(1.35)^x
• y = 15(0.35)^x
• y = 35(1.15)^x

Tags

CCSS.HSF.LE.A.2

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 If no other money is added or withdrawn from the account, how much will be in the account after 10 years?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

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.BF.A.2

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

A population of fish starts at 8,000 and decreases by 6% per year. What is the population of fish after 10 years?

• 14327
• 4309
• 839
• 7680

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.BF.A.2

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

What does the model P=A(1+r)^t best represent?

• Exponential growth
• Simple Interest
• Compound Interest
• Exponential Decay

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.B.5

What type of function is f(x)=2(1/7)^x ?

• Exponential Growth
• Linear
• Exponential Decay
• None of the Abovee

Tags

CCSS.HSF.LE.A.1

Suppose a culture of bacteria begins with 5000 cells and dies by 30% each year. Write an equation that represents this situation.

• y=5000(0.7)^x
• y=30(5000)^x
• y=5000(1.3)^x
• y=5000x^x

Tags

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

A 78 gram sample of Uranium loses half of its mass each year.  What is the exponential equation? 

• y=78(0.5)^x
• y=78(1.5)^x
• y=78(2)^x

Tags

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

What does the a in y=a(1+r)^x  represent?

• Time
• Rate
• Slope
• Initial Amount

Tags

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.B.5

Is this exponential growth or decay?

• Growth
• Decay

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.B.5

Daniel’s Print Shop purchased a new printer for $35,000. Each year it depreciates at a rate of 5%. How much will the printer be worth in 8 years?

• $23,219.72
• $136.72
• $51,710.94
• $16,710.94

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2