Exponential Word Problems Quiz

• 300

• 4

• .16

• 10

Is this exponential growth or decay?

• Growth
• Decay

Is the pictured graph exponential growth or decay?  

• Exponential Growth
• Exponential Decay

• Exponential Growth

• Exponential Decay

• Exponential Growth

• Exponential Decay

If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the correct equation to use?

Dash puts $4125 into an account using compounded continuously. If he keeps the money in the account for 5 years and now has a total of $4193.89. What is the correct equation to use?

Lucy won $3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded quarterly, what is the correct equation to use to find out how much interest will she earn in 10 years?

Steve deposited $5,000 in a savings account that pays 4% interest compounded annually. Which

equation could be used to find the value of the account after 3 years?

Olivia 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, what is the correct "r" value that you would use in your equation?

• 9.5

• 0.095

• 0.95

• 0.0095