Unit 6: Exponential Functions Review

• m=12

• m=4

• m=8

• m=9

If $3000 is placed in an account at 5% and is compounded quarterly. What is the balance in the account after 5 years?

Balance= $________

What will the amount in an account with initial principal $5500 compounded continuously at an annual rate of 4.3% for 9 years?

Balance= $_________

Which statements are true about the graph of the exponential function?

• As x decreases without bound, f(x) increases without bound

• The range is all real numbers.

• The domain is all number greater than 2.

• The f(x) intercept is at 3

If $450 is invested at 7% interest per year, compounded continuously, how much will be in the account after 5 years?

Balance= $_______