Logarithmic Functions and Compound Interest

Logarithmic Functions and Compound Interest

Assessment

Interactive Video

Mathematics

9th - 10th Grade

Hard

Created by

Thomas White

FREE Resource

In this video, Anil Kumar explains how to solve exponential equations using logarithms, focusing on an investment problem. The problem involves calculating the time it takes for an investment of $4,000 to grow to $6,000 at an annual interest rate of 4.5%. The video demonstrates the use of logarithms to solve for the unknown variable n, representing the number of years. The calculation is further broken down to express the time in years and months. The video concludes with a prompt to consider how changing the compounding period affects the calculation.

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main topic discussed in the video?

Solving quadratic equations

Solving exponential equations using logarithms

Understanding linear equations

Learning about geometric sequences

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the principal amount in the investment example?

$5,000

$4,000

$6,000

$4,500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the interest rate used in the example?

5.0%

4.0%

4.5%

3.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the interest rate expressed as a decimal?

0.045

0.45

0.0045

0.5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula used to calculate the amount in compound interest?

A = P(1 + rt)

A = P(1 - r)^n

A = P + rt

A = P(1 + r)^n

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the simplified form of 6000 divided by 4000?

1.25

1.5

1.75

1.45

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What mathematical operation is used to solve for n?

Addition

Subtraction

Logarithms

Multiplication

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