6.1-6.5 Review Quizizz Foundations

You have $5,000 saved for a future family vacation. If the bank pays 4.3% compounded monthly for 3 years, which of the following shows the formula for this situation? [Please ignore the first ( symbol.  I can't get it to go away.]

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years.

• $15,415.94
• $15,683.28
• $15,927.56
• $16,109.05

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?

• $1,584.62
• $2,651.39
• $2,706.86
• $1,825.10

• Linear Growth

• Linear Decay

• Exponential Growth

• Exponential Decay

• Linear Growth

• Linear Decay

• Exponential Growth

• Exponential Decay

A new fitness center had 350 members in its first year. The number of members increased by 14% each year. Approximately how many members did they have after 8 years?

• 929 members

• 998 members

• 955 members

• 972 members

Luke bought a signed baseball for $800. If the value of the baseball decreased by 3% each year, find the value of the ball after 12 years.

• $555.07

• $615.92

• $524.78

• $561.99

William bought a new boat for $28,500 in 2012. If the value of the boat depreciates by 8% each year, find the value of the boat in 2018.

• $20,884.02

• $18,995.23

• $16,850.10

• $17,281.12

There were 200,000 animals at the Niabi Zoo in 1980. Since then, this number has decreased by 5% each year. Approximately how many species are there at the zoo in 2020?

• 25,947

• 27,043

• 25,702

• 28,562

In 1996 the number of subscriptions to the Quad City Times was 16,450. Since then, the number of subscriptions has increased by 9.2% each year. How many subscriptions were there 6 years later?

• 28,965

• 27.893

• 17,559

• 21,433