Application Log Quiz

The population of Whoville is decreasing by 8% each year. The current population is 225,000. Find the number of years it will take until the population is 50,000? Round to the nearest year.

• 18 years

• 19 years

• 1 year

• 6 months

If you deposit $6,000 into an account earning 5% interest per year. Find the number of years until the account is worth $25,000? Round to the nearest year.

• 4 years

• 29 years

• 1 year

• 15 years

The average cost of college tuition is increasing by 8% each year. If the current tuition is $10,400, how many years will it be until the cost has doubled? Round to the nearest year.

• 9 years

• 4 years

• 2 years

• 18 years

If the average annual percent increase of a Roth IRA is 7% and you start with $50,000 and deposit no additional money, how much will you have in 30 years? Round two decimal places.

• $380,612.75

• $100,000

• $5,668.37

• $4.9 million

An account is earning 3.6% interest annually. If you begin with $400 in the account, how many years until the account has $4000? Round to the nearest year.

• 65 years

• 10 years

• 130 years

• 5 years

The value of a new car is depreciating by 12.5% each year. If the car was valued at $35,000 new, how many years until it is worth $15,000? Round to the nearest year.

• 6 years

• 2 years

• 12 years

• 8 years

The population of Kennedy High School is increasing by 1.2%. The current population is 1850 students. How many students will Kennedy have in 8 years?

• 2035 students

• 3700 students

• 2220 students

• 1872 students

• 12.94

• 17.40

• 13.40

• 11.24

• 1,584.89 in

• 4,634,469.19 in

• 1000 in

• 83.17 in