Solving Exponential Equations and Compound Interest

Quiz
•
Mathematics
•
11th Grade
•
Hard
Standards-aligned
Anthony Clark
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Solve for x.
ex-10 + 9 = 51
13.7
-13.7
No Solution
-6.26
Tags
CCSS.HSF.LE.A.4
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Ashleigh put some money into an account paying 4.5% compounded continuously for 10 years. She now has $3567.91 in the account. How much money did she start the account with?
$2275
$2725
$2572
$3275
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
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 interest rate?
0.33%
0.025%
0.053%
0.052%
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Chelsea put $7500 into an account paying 5% compounded continuously. She now has $10,643.01. How long has the money been in the account?
7 years
6 years
5 years
4 years
Tags
CCSS.HSF.LE.A.4
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the formula for continuously compounded interest?
A = Pert
A = Pet
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
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
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
if you are solving for t in the continuous compounding equation, what is the base of your log?
10
2
e
it has no base
8.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
what TYPE of functions are the compound interest functions?
linear
quadratic
log
exponential
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