The value of a car is $15,000 and depreciates at a rate of 8% per year. What is the decay factor?
Exponential Decay Equations

Quiz
•
Mathematics
•
9th Grade
•
Hard
Anthony Clark
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
0.08
1.08
0.92
8
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Growth rate
Growth Factor
Decay Rate
Decay Factor
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If something has a 1.5% decay rate, the decay factor is ______.
.985
1.5
.015
98.5
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If something is decaying by 10% every year, the "10%" is called the ______?
Growth rate
Growth Factor
Decay Rate
Decay Factor
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A 2.5% decay rate is what value as a decay factor?
97.5
.025
2.5
.975
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If something has exponential decay, the "b" value is _____?
between 0 and 1
greater than 1
less than 1
equal to 1
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Some banks charge a fee for a savings account that is left inactive for an extended period of time. The equation y = 5000(0.98)x represents the amount remaining, y, of one account that was left inactive for a period of x years. What does the number 5000 represent in this situation?
fee charged for an inactive account
percent of money in the account after x years
amount of money in the account initially
amount of money in the account after x years
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