Exponential Functions Monday Classwork

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 If no other money is added or withdrawn from the account, how much will be in the account after 10 years?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.HSF.BF.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.HSF-LE.A.1C

Kennedy won $3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded quarterly, how much total will she earn in 10 years?

• $4915.59
• $3933.28
• $2979.81
• $4005.09

A 78 gram sample of Uranium loses half of its mass each year.  How much is left after 6 years?

• 13 grams
• 6.5 grams
• 1.22 grams
• 592.31 grams

Tags

CCSS.HSF.LE.A.4

The population of Winnemucca, Nevada, can be modeled by P=6191(1.04)^t where t is the number of years since 1990. What was the population in 1990? 

• 0 people
• It doesn't say
• I don't know
• 6191

The original value of a painting is $1400, and the value increases by 9% each year. Write an exponential growth function to model this situation.

• y=1400(1.09)^x
• y=1.09(1400)^x
• y=1400(.91)^x
• y=1.09^x

Tags

CCSS.HSF.LE.A.2

The foundation of your house has about 1,200 termites. The termites grow at a rate of about 2.4% per day. How long until the number of termites doubles?

• 29 to 30 years
• 23 to 24years
• 15 to 16 years
• 19 to 20 years

Compound Interest
You put $547 into an investment at 5% compounded quarterly for two years. What will the balance be at the end of two years?

• $332.34
• $487.86
• $504.18
• $604.15

Tags

CCSS.HSF-LE.A.1C

Emily's parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semi-annually, what will be the balance after 18 years?

• $6,273.50
• $6,314.08
• $6,385.72
• $6,427.94

Andy invests $500 into an account with 4.8% interest, compounded monthly. How much will be in the account in 10 years?

• $799.06
• $520.36
• $807.26
• $877.61