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Exit Ticket - Exp Growth, Decay, & Comp. Int

Authored by Heather Kennedy

Mathematics

9th - 12th Grade

CCSS covered

Exit Ticket - Exp Growth, Decay, & Comp. Int
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9 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the decay rate in the following model?

A=1200(.85)6

1200

.15

6

.85

2.

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?

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

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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=5000xx

Tags

CCSS.HSF.LE.A.2

4.

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?

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

Tags

CCSS.HSA.CED.A.1

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

If you have $10, and your money doubles every year, how much money will you have in 10 years?

$50

$100

$5120

$10240

Tags

CCSS.HSF.BF.A.2

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?

$1,584.62
$2,651.39
$2,706.86
$1,825.10

Tags

CCSS.HSF.LE.A.2

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years.

$15,415.94
$15,683.28
$15,927.56
$16,109.05

Tags

CCSS.HSF.LE.A.2

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.B.5

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