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WorksheetsExponential Graphs and Compound interest
Total questions: 16
Worksheet time: 1hrs 5mins
Name
Class
Date
1.
Your 3 year investment of $20,000 received 5.2% interest compounded annually. What is your total return?
a)
$23,285.05
b)
$3,285.05
c)
$2,385
d)
$32,285
2.
You borrowed $1,690 for 5 1/2 years at an interest of 5.7% compounded annually. How much extra did you pay by taking out the loan?
a)
$602.45
b)
$2,292.45
c)
$1,87.55
d)
$3,982.45
3.
Emily’s parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semiannually,what will be the balance after 18 years?
a)
$6,273.50
b)
$6,314.08
c)
$6,385.72
d)
$6,427.94
4.
Mark took a loan out for $25,690 to purchase a truck. At an interest rate of 5.2% compounded monthly, how much total will he have paid after 5 years?
a)
$33,299.42
b)
$33,672.68
c)
$34,157.04
d)
$34,710.88
5.
Classify the model as Exponential GROWTH or DECAY.
A=1200(.85)6
A=1200(.85)6
a)
Growth
b)
Decay
6.
Is the pictured graph growth, decay, or linear or none?
a)
Exponential Growth
b)
Exponential Decay
c)
Linear
d)
None
7.
What is the asymptote of the parent function y=2x?
a)
x=0
b)
y=0
c)
x=2
d)
y=2
8.
Compare f(x) = 3x- 4 with the basic function g(x) = 3x
a)
4 units up
b)
4 units to the left
c)
4 units to the right
d)
4 units down
9.
What kind of transformation is represented?
a)
up 1 unit
b)
left 1 unit
c)
right 1 unit
d)
down 1 unit
10.
What transformations have happened to f(x) = 2x if the new equation is
g(x) = -2(x+3) -6
g(x) = -2(x+3) -6
a)
It stayed the same
b)
reflects, up 3, left 6
c)
reflects, right 3, down 6
d)
reflects, left 3, down 6
11.
Find the domain.
a)
all values less than 1
b)
all real numbers
c)
all positive numbers
d)
all values less than 0
12.
Which equation best describes the graph?
a)
y = 2x + 4
b)
y = 2x - 3
c)
y = 2x - 4
d)
y = 2x + 3
13.
Semi-Annually means how many times a year?
a)
4
b)
2
c)
1
d)
6
14.
You want to save $5,000 for future family vacation. If the bank pays 4.3% compounded monthly for 3 years, then how much will you need to invest to reach your vacation goal?
a)
$307,042,791
b)
$5,000
c)
$3,250
d)
$4,395.89
15.
If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?
a)
$1,225,54
b)
$2,225.54
c)
$22,255.40
d)
$225.54
16.
What is the range of this graph?
a)
y = 6
b)
(0, -4)
c)
y > -6
d)
y < -6
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