Compound Interest/Exponential Growth-Decay

Your 3 year investment of $20,000 received 5.2% interest compounded annually.  What is your total return?

• $23,285.05
• $3,285.05
• $2,385
• $32,285

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

You borrowed $59,000 for 2 years at 11% which was compounded annually.  What total will you pay back?

• $13,693.90
• $1,363.90
• $72,693.90
• $73,793.90

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSA.SSE.B.4

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

Change 6.75% to a decimal.

• 67.5
• .675
• 675
• .0675

Tags

CCSS.5.NBT.A.3

Bruno was given $2000 when he turned 3 years old.  His parents invested it at a 2% interest rate compounded annually.  No deposits or withdrawls were made.  Which expression can be used to determine how much money Bruno had in the account when he turned 16? 

• 2000(1+0.02)¹³
• 2000(1-0.02)¹³
• 2000(1+0.02)¹⁶
• 2000(1-0.02)¹⁶

Tags

CCSS.HSF.BF.A.2

An initial investment of $800 is compounded continuously at a 2.5% interest rate. Find the value after 10 years.

• $1027.22

• $9746

• $1024.07

• $876.70

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

The value of a car purchased for $15,000 is decreasing at 19% per year. Find the value of the car in 5 years.

• $3579.53

• 3.71 years

• $35795.30

• $5230.18

Tags

CCSS.HSF.BF.A.2

The population of armadillos is increasing by 3.1% per year. The initial population is 4000 armadillos. Find the number of armadillos in 9 years

• 45447 armadillos

• 5265 armadillos

• 5219 armadillos

• 105758489 armadillos

Tags

CCSS.HSF-LE.A.1C

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.7.RP.A.3

Is this exponential growth or decay?

• Growth
• Decay

Tags

CCSS.HSF-IF.C.8B

What is the initial value for the function: f(x) = 300(1.16)^x?

• 300

• 1.16

• .16

• x

Tags

CCSS.HSF.IF.A.2

CCSS.HSF.LE.B.5