Compound Interest Graphing Exponential Functions Growth and Decay

Quiz
•
Mathematics
•
9th Grade
•
Hard
+3
Standards-aligned
Anthony Clark
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How long will it take for the value of an initial investment of $1200 compounded continuously at a 5.6% interest rate to reach $2000.
9.57 years
9.04 years
9.12 years
.091 years
Tags
CCSS.HSF.LE.A.4
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An initial investment of $1000 is deposited in an account with a 1.2% interest rate, compounded annually. In how many years will the account reach $1500?
34.04 years
33.99 years
3.72 years
3.58 years
Tags
CCSS.HSF.LE.A.4
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An investment of $500 earns 3% interest compounded monthly. Find how many years it will take for the account to be $800.
15.95 years
15.69 years
15.90 years
15.72 years
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In an exponential function, what does the a value represent?
Rate of growth or decay
Slope
Initial value
Exponent
Tags
CCSS.HSF.LE.B.5
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Does the function represent a growth or decay function?
Exponential GROWTH
Exponential DECAY
Tags
CCSS.HSF-IF.C.8B
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The value of a car is $15,000 and decreases at a rate of 8% per year. What is the decay factor?
0.08
0.92
1.08
8
Tags
CCSS.HSF-IF.C.8B
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the functions shows an initial amount of $15 and an increase of 35% each year?
y = 15(35)x
y = 15(0.35)x
y = 35(1.15)x
y = 15(1.35)x
Tags
CCSS.HSF.LE.A.2
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