Growth and Decay Quiz

What is the difference between growth and decay?

• Growth is a gradual process, while decay is sudden and rapid.

• Growth and decay are the same thing.

• Growth is an increase or development, while decay is a decline or deterioration.

• Growth is a decline or deterioration, while decay is an increase or development.

Identify whether the following scenario represents growth or decay: The population of a city increases by 2% each year.

• fluctuation

• stagnation

• growth

• decay

Identify whether the following scenario represents growth or decay: The value of a car decreases by 10% each year.

• Growth

• Decay

• Appreciation

• Stagnation

If an initial value of $1000 grows to $1500 in 5 years, what is the growth rate?

• 15%

• 5%

• 10.5%

• 8.11%

If an initial value of $5000 decays to $4000 in 3 years, what is the decay rate?

• 10%

• 15%

• 25%

• 20%

Identify whether the following equation represents growth or decay: y = 2(1.05)^x

• linear

• constant

• decay

• growth

Identify whether the following equation represents growth or decay: y = 5000(0.9)^x

• growth

• constant

• decay

• linear

If an initial value of $2000 grows to $3000 in 4 years, what is the growth rate?

• 100%

• 50%

• 25%

• 75%