Exponential Growth, Decay, and Interest

Quiz
•
Mathematics
•
9th Grade
•
Hard
+2
Standards-aligned
Anthony Clark
FREE Resource
20 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 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
Tags
CCSS.HSF.LE.A.4
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An initial investment of $1000 is deposited in an account with a 1.2% interest rate, compounded quarterly. Find the value after 15 years.
$1045.96
$1196.89
$15180.81
$5891.60
4.
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
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What type of function is f(x)=2(1/7)x ?
Exponential Growth
Linear
Exponential Decay
None of the Abovee
Tags
CCSS.HSF-IF.C.8B
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the growth factor of the situation represented by f(x)=10(0.3)x?
10
0.3
1
3
Tags
CCSS.HSF-IF.C.8B
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Exponential Growth
Linear
Exponential Decay
None of the Abovee
Tags
CCSS.HSF-IF.C.8B
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