EOC HW #2

Charles invests $425 in a savings account that pays interest at an annual rate of 4 percent,

compounded continuously. Approximately how much time will it take for his investment to

double? Use the formula, where A is the amount in the savings account, P is the

principal amount invested, r is the interest rate, and t is time in years.

• 8 years

• 12 years

• 17 years

• 25 years

Zoe spent $3200 for his new computer. The computer’s value will

depreciate by 35% each year. How much will his computer be worth in 2

years?

• $392

• $960

• $1,120

• $1,352

Julie created the graph shown.

Which equation best represents Julie's function?

What is the first incorrect step in solving the following exponential equation?

• Step 1

• Step 2

• Step 3

• Step 4

• (0,-5)

• (0,45)

• (0,95)

• (0,195)

• 3.875

• 1.262

• -2.354

• -4.797

• 7.5131

• 7.5854

• 8.9444

• 7.2788