What is the formula for calculating compound interest?

Exploring Exponential Functions Quiz

Quiz
•
Financial Education
•
8th Grade
•
Hard
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you invest $1000 at an annual interest rate of 5% compounded annually, what will be the amount after 3 years?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following graphs represents an exponential function?
A straight line
A parabola
A curve that increases rapidly
A circle
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
0
1
2
3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements is true about linear and exponential growth?
Linear growth increases by a constant factor, while exponential growth increases by a constant amount.
Linear growth increases by a constant amount, while exponential growth increases by a constant factor.
Both linear and exponential growth increase by a constant factor.
Both linear and exponential growth increase by a constant amount.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a population of bacteria doubles every hour, starting with 100 bacteria, how many bacteria will there be after 5 hours?
200
400
1600
3200
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of exponential decay?
The amount of money in a savings account with compound interest
The population of a city growing at a constant rate
The depreciation of a car's value over time
The height of a plant growing at a constant rate
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