Compound Interest and Exponential Functions

Compound Interest and Exponential Functions

Assessment

Interactive Video

Mathematics, Science

10th - 12th Grade

Hard

Created by

Amelia Wright

FREE Resource

Judy from the AP program introduces lesson 10 on exponential functions, covering basics and models of exponential growth and decay. The lesson includes a detailed explanation of the exponential model formula and the compound interest formula. An example problem on antibiotic effectiveness illustrates exponential decay. The lesson concludes with a recap of skills and practices relevant to AP pre-calculus.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of lesson number 10 in the AP pre-calculus prerequisites review?

Linear equations

Exponential functions

Trigonometric functions

Quadratic equations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the practice problem set mentioned in the lesson?

To introduce new topics

To verify answers and find errors

To replace the lesson content

To provide entertainment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an exponential function?

The linear growth of a plant

The constant speed of a car

The decreasing amount of medicine in the bloodstream

The fixed salary of an employee

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the formula f(x) = a * b^x, what does 'a' represent?

The rate of growth or decay

The initial value

The number of time periods

The remaining amount

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a value is decreasing by 20%, what would be the 'b' value in the exponential model?

1.2

0.8

0.2

1.8

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the 'r' value in the exponential growth and decay formula?

It is the final amount

It represents the initial value

It is the rate of growth or decay

It is the number of time periods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for compound interest?

A = P(1 - r)^(t)

A = P(1 + r)^(t)

A = P(1 - r/n)^(nt)

A = P(1 + r/n)^(nt)

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