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Exponential Functions Compound Interest
Quiz
•
Mathematics
•
9th Grade
•
Practice Problem
•
Hard
+2
Standards-aligned
Barbara White
FREE Resource
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18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 year?
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the total amount in the account to the nearest cent if the interest is compounded annually.
$2750 at 8% for 2 years
Tags
CCSS.HSF-LE.A.1C
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
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, how much total will she have paid after 8 years.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a, the starting term, for the function: f(x) = 300(1.16)x?
Tags
CCSS.HSF.LE.B.5
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A population of fish starts at 8,000 and decreases by 6% per year. What is the population of fish after 10 years?
Tags
CCSS.HSF-LE.A.1C
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Daniel’s Print Shop purchased a new printer for $35,000. Each year it depreciates at a rate of 5%. How much will the printer be worth in 8 years?
Tags
CCSS.HSF.BF.A.2
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