PRACTICE 3.3: Applications Exponential Growth/Decay and Compound Interest
Authored by Erin Inman
Mathematics
8th - 9th Grade
CCSS covered
Used 41+ times
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Take a closer look at the world of exponential growth and compound interest with our engaging Quizizz assessment, crafted by Erin Inman for 8th and 9th graders. This medium-difficulty quiz, consisting of 15 multiple-choice questions, is designed to test students' ability to quizIdentify and solve exponential growth and decay models. Students will explore exponential functions, formula quizIdentification, real-world applications, and compound interest calculations. Aligned with K–12 curriculum standards, this quiz is a fantastic way to reinforce mathematical concepts in a fun and interactive manner. Understanding exponential growth and compound interest is crucial beyond the classroom. These concepts are foundational for financial literacy, helping students grasp the intricacies of investments, loans, and depreciation. By mastering exponential function formulas, students can distinguish between growth and decay, calculate compound interest with varying frequencies, and recognize exponential models in real-world scenarios. This knowledge is vital for solving word problems involving different time periods and rates, and for determining the time required for investments to reach specific amounts. These skills not only enhance mathematical learning but also prepare students for real-life financial decisions. Master exponential concepts with Quizizz! Our interactive quiz format makes learning exciting, offering immediate feedback to reinforce understanding. With a variety of question types, students develop critical thinking skills while enjoying the flexibility of learning anywhere, on any device. Teachers can customize quizzes to meet specific needs, making planning a breeze. Plan in seconds, not weekends! Embrace the adventure of learning with Quizizz and empower your students to excel in mathematics. Don't reinvent the wheel. Customize it. Get started today and watch your students thrive!
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following functions shows an initial amount of $15 and an increase of 35% each year?
Tags
CCSS.HSF.LE.A.2
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Classify the model as Exponential GROWTH or DECAY.
A=1200(.85)6
Tags
CCSS.HSF-IF.C.8B
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Classify the model as Exponential GROWTH or DECAY.
A=10(1.01)3
Tags
CCSS.HSF-IF.C.8B
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
James' 70 in. giant peach doubles in size every week. Write an expression that would represent how big the peach is after 5 weeks.
Tags
CCSS.6.EE.A.1
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
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?
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The number of mosquitoes at the beginning of the summer was 4,000. The population of mosquitoes is expected to grow at a rate of 25% a month. How many mosquitoes will there be after 4 months?
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
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?
Tags
CCSS.HSA.CED.A.1
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