Growth, Decay, and Compounding Interest

Write an equation that models the following situation:

Samantha's hair was known to grow very rapidly. It began at a length of 6 in and grew at a rate of 14% a week.

• y=6(0.14)^x

• y=6(1+14)^x

• y=6(1+ 0.14)^x

• y=6(1 - 0.14)^x

Tags

CCSS.HSF.LE.A.2

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

• y=5000(1 - 0.30)^x

• y=30(5000)^x

• y=5000(1 + 0.30)^x

• y=5000x^x

Tags

CCSS.HSF.LE.A.2

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.7.RP.A.3

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

The value of a car is $15,000 and depreciates at a rate of 8% per year. What is the decay factor?

• ^.08
• ^1.08
• .92
• 8

Tags

CCSS.HSF-LE.A.1C

Classify the model as Exponential GROWTH or DECAY.
A=1200(.85)⁶

• Growth
• Decay

Tags

CCSS.HSF-IF.C.8B

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

• Growth
• Decay

Tags

CCSS.HSF-IF.C.8B

Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 year?

• $827.52
• $831.10
• $839.45
• $846.80

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

You invest $1600 at an annual interest rate of 4.6% compounded continuously. How much will you have in the account after 4 years.

• $800.26
• $6,701.28
• $10,138.07
• $1,923.23

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

Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded monthly. What will be his balance after 15 years?

• $827.52
• $839.17
• $839.45
• $846.80

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