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Exploring Exponential Functions Quiz

Financial Education

8th Grade

Exploring Exponential Functions Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating compound interest?

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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