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Exploring Exponential Decay and Compound Interest: Grade 10 Quiz

Authored by Anthony Clark

English, Mathematics

10th Grade

CCSS covered

Used 1+ times

Exploring Exponential Decay and Compound Interest: Grade 10 Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car's value decreases by 15% each year. If the car is currently worth $20,000, what will its value be after 3 years?

$12,282.50

$8,500

$10,000

$15,000

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A population of bacteria doubles every 4 hours. If you start with 500 bacteria, how many will there be after 12 hours?

8000

4000

1000

2000

Tags

CCSS.HSF.LE.A.4

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You invest $1,000 in a savings account that offers an annual interest rate of 5%, compounded annually. How much money will you have after 3 years?

1100.50

1200.00

1157.63

1050.75

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A radioactive substance has a half-life of 10 years. If you start with 80 grams, how much will remain after 30 years?

5 grams

10 grams

20 grams

40 grams

Tags

CCSS.HSF.LE.A.4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A certain type of plant grows at a rate of 10% per month. If you start with 200 plants, how many will you have after 6 months?

400

354

300

250

Tags

CCSS.HSF.BF.A.2

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You deposit $2,500 in a bank account that pays 3% interest compounded quarterly. How much will you have in the account after 5 years?

$3,000.00

$2,500.00

$2,750.00

$2,904.00

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A car depreciates in value according to the formula V(t) = V0 * e^(-kt), where V0 is the initial value, k is the decay constant, and t is time in years. If a car's initial value is $25,000 and k is 0.1, what will its value be after 5 years?

20000

15163.75

18000

12500

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