What is the initial amount invested by Jolene?

Investment Growth and Time Analysis

Interactive Video
•
Mathematics, Science, Business
•
9th - 12th Grade
•
Hard

Aiden Montgomery
FREE Resource
Read more
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$13,200
$7,500
$69,662
$31,439
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the growth factor in the exponential function?
1.075
7.5
1.75
0.075
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the future value of the investment calculated after 12 years?
By dividing the initial amount by 12
By subtracting 7.5% from the initial amount
By multiplying the initial amount by 1.075 raised to the power of 12
By adding 7.5% to the initial amount
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the value of the investment after 12 years, rounded to the nearest cent?
$13,200.00
$31,439.00
$69,662.00
$31,439.49
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the desired account balance Jolene wants to achieve?
$13,200
$69,662
$31,439
$7,500
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method is used to determine the time to reach the desired balance?
Geometric series
Arithmetic progression
Graphical intersection
Algebraic substitution
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the x-axis representing in the graph used for the second question?
Initial investment
Interest rate
Account balance
Number of years
Create a free account and access millions of resources
Similar Resources on Quizizz
11 questions
Understanding Exponential Decay and Half-Life

Interactive video
•
9th - 12th Grade
11 questions
Understanding Exponential Growth in Real Estate

Interactive video
•
9th - 12th Grade
11 questions
Population Growth and Derivatives

Interactive video
•
9th - 12th Grade
10 questions
Compound Interest and Account Balance

Interactive video
•
9th - 12th Grade
11 questions
Doubling Time and Continuous Interest

Interactive video
•
9th - 12th Grade
11 questions
Compound Interest and Exponential Functions

Interactive video
•
9th - 12th Grade
11 questions
Understanding Account Balances and Growth Rates

Interactive video
•
9th - 12th Grade
9 questions
Continuous Interest and Principal Amounts

Interactive video
•
9th - 12th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade