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Compound Interest and review of exponential growth and decay

Authored by Patrick Brust

Mathematics

7th - 11th Grade

20 Questions

CCSS covered

Used 1+ times

Compound Interest and review of exponential growth and decay
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1.

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

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Suppose you deposit $3000 in a savings account that pays interest at an annual rate of 4%. If no other money is added or withdrawn from the account, how much will be in the account after 10 years?

$3122.18
$4994.50
$4440.73
$86,776.40

Tags

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.1

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.BF.A.2

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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.HSF-LE.A.1C

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What does the model P=A(1+r)t best represent?

Exponential growth
Simple Interest
Compound Interest
Exponential Decay

Tags

CCSS.HSF-IF.C.8B

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What type of function is f(x)=2(1/7)x ?

Exponential Growth
Linear
Exponential Decay
None of the Abovee

Tags

CCSS.HSF-LE.A.1A

6.

MULTIPLE CHOICE QUESTION

15 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

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A 78 gram sample of Uranium loses half of its mass each year.  What is the exponential equation? 

y=78(0.5)x
y=78(1.5)x
y=78(2)x

Tags

CCSS.HSF.LE.A.2

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