Solving Exponential Equations and Compound Interest

Solving Exponential Equations and Compound Interest

11th Grade

8 Qs

quiz-placeholder

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Solving Exponential Equations and Compound Interest

Solving Exponential Equations and Compound Interest

Assessment

Quiz

Mathematics

11th Grade

Practice Problem

Hard

CCSS
HSF.LE.A.4

Standards-aligned

Created by

Anthony Clark

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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

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