Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Precalc Review

Total questions: 12

Worksheet time: 3hrs 0mins

Name
Class
Date
1.

How many years will it take an initial investment of $25,000 to grow to $80,000? Assume a rate of 6.8% interest compounded monthly.

a)

17.14 years

b)

9.64 years

c)

11.53 years

d)

23.50 years

2.

If Sarah has $100 to invest at 8% per year compounded monthly, how long will it be before she has $150?

a)

6.01 years

b)

5.09 years

c)

0.12 years

d)

7.12 years

3.

How many years ill it take for an initial investment of $10,000 to grow to $25,000? Assume a rate of interest of 6% compounded continuously.

a)

3.73 years

b)

10.34 years

c)

7.80 years

d)

15.27 years

4.

John will be buying a used car for $15,000 in 3 years. How much money should he ask his parents for now so that, if he invests it at 5% compounded continuously, he will have enough to buy the car?

a)

$12,910.62

b)

$17,427.50

c)

$746.81

d)

$11,291.23

5.

Jim wants to buy a computer for $1060. Jim places $1,000 in a bank account that pays 5.6% compounded continuously. After 1 year, will he have enough money?

a)

Yes

b)

No

6.

Which is the better deal? An investment of $2,000 in a bank for one year with 6% interest compounded continuously or an interest rate of 5.9% compounded monthly?

a)

Compounded continuously

b)

Compounded monthly

7.

Will invests $2,000 in his IRA in a bond trust that pays 9% interest compounded semiannually. His friend, Kate, invests $2,000 in her IRA in a certificate of deposit that pays 8.5% compounded continuously. Who has more money after 20 years?

a)

Will

b)

Kate

8.

The size P of a certain insect population at time t (in days) obeys the model P(t)=500e0.02t. When will the insect population reach 800?

a)

4.4 days

b)

21.6 days

c)

23.5 days

d)

8.2 days

9.

Strontium-90 is a radioactive material that decays according to the function A(t)=A0e-0.0244t where A0 is the initial amount present and A is the amount present at time t (in years). Assume that a scientist has a sample of 500 grams of strontium-90. How much strontium-90 is left after 10 years?

a)

421.8g

b)

.05g

c)

110.1g

d)

391.7g

10.

The half-life of radioactive potassium is 1.3 billion years. If 10 grams is present now, how much will be present in 100 years? Use the formula A(t)=A0ekt

a)

10g

b)

9.7g

c)

.1g

d)

2g

11.

A fossilized leaf contains 70% of its normal amount of carbon-14. Assume the half-life of carbon-14 is 5600 years. How old is the fossil? Use the formula A(t)=A0ekt

a)

12.4 years

b)

2876.41 years

c)

3671.42 years

d)

3495.62 years

12.

A piece of charcoal is found to contain 30% of the carbon-14 that it originally had. When did the tree from which the charcoal came die? Use 5730 years as the half-life of carbon-14. Use the formula A(t)=A0ekt

a)

6754 years ago

b)

9950 years ago

c)

10567 years ago

d)

8540 years ago