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Exponential Growth and Decay Applications - Week 2 of RLD

Authored by Matthew Fahrenbacher

Mathematics

9th - 12th Grade

CCSS covered

Used 7+ times

Exponential Growth and Decay Applications - Week 2 of RLD
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18 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Some banks charge a fee for a savings account that is left inactive for an extended period of time. The equation y = 5000(0.98)x represents the amount remaining, y, of one account that was left inactive for a period of x years. What does the number 5000 represent in this situation?

A fee charged for an inactive account
The percent of money in the account after x years
The amount of money in the account initially
The amount of money in the account after x years

Tags

CCSS.HSF.LE.B.5

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The function to find the value of a car after t years is given by v(t) = 24,000(.75)tWhich of the following statements is not true?

The starting value of the car was $24,000.

The y-values of the graph increase as the x-values increase.

The value 0.75 indicates this is an exponential decay situation.

The horizontal asymptote is y = 0, which means the car will never have a value of $0.

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.IF.A.2

CCSS.HSF.IF.B.4

CCSS.HSF.IF.C.7

CCSS.HSF.LE.A.3

3.

MULTIPLE CHOICE QUESTION

15 mins • 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

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The value of your new laptop can be modeled by the equation  y=2000(0.84)ty=2000\left(0.84\right)^t  where t is the number of years you've had the laptop.  What is the annual depreciation rate of the laptop?

84%

0.84%

16%

0.16%

Tags

CCSS.HSF.LE.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.B.5

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Your shiny new boat cost $7650. The depreciation for your boat is 14% per year. Which expression would allow you to estimate the value of your vehicle in 3 years?

7650(0.14)3

7650(.86)3

7650(1.86)3

7650(1.14)3

Tags

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.1

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Gasoline costs $1.99 per gallon. If the price per gallon increases an average of 6% per month, which function models the exponential growth of the pricing per month?

y = 1.06(1.99)t

y = 1.99(1.06)t

y = [1.06(1.99)]t

y = 1.99(.94)t

Tags

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.1

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.B.5

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