Exponential Growth HW Check

Which formula would you use for a bank account with annual interest (once per year)?

• $f\left(t\right)=P\left(1+r\right)^t$

• $f\left(t\right)=P\left(1+\frac{r}{k}\right)^{kt}$

What is the decimal version of 2.55%?

• 2.55

• 0.255

• 0.0255

Using the formula, $C\left(t\right)=63000\left(1+\frac{0.0255}{12}\right)^{12t}$  , how much is in the account after 10 years?

• $64,351

• $64,625

• $81,277

• $85,225

Tags

CCSS.HSF-LE.A.1C

 $f\left(t\right)=5000\left(1+\frac{0.035}{12}\right)^{12t}$  Which value represents the principal?

• 5000

• 0.035

• 3.5

• 12

What is the equation of the horizontal asymptote for following exponential function?

• y = -4

• x= -4

• y = -3

• y = 0

Tags

CCSS.HSF-IF.C.7E

What is the equation that represents the exponential function in the image below?

• y=3(½)^x
• y=3(2)^x
• y=(2)^x
• y=2(3)^x

Tags

CCSS.HSF.LE.A.2