Exponential Functions Algebra 2

• Growth

• Decay

• (0, 2.0125)

• (0, 1.0041)

• (0, 3)

• (0, 0)

You deposit $5,000 in an account that earns 3% interest compounded continuously. Which equation could be used to determine how much money would be in the account after 8 years?

If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?

• $1,225,54

• $2,225.54

• $22,255.40

• $225.54

An initial investment of $800 is compounded continuously at a 2.5% interest rate. Find the value after 10 years.

• $1027.22

• $9746

• $1024.07

• $876.70

Kimi invests $4,000 at 3% interest compounded continuously. How much money will she have in 4 years?

Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?

• A straight line passing through the origin

• A curve that approaches the x-axis as x decreases and increases without bound as x increases

• A parabola opening upwards

Which of the following represents exponential decay?