EOC Review Flashcard #2 Alg. 2B

Front

What is the solution to the equation: Solve each equation. Round your answers to the nearest ten-thousandth.

Back

-9.0312

Front

How much is a $40,000 investment worth after 6 years at 14% compounded quarterly?

Back

$91,333.14

Front

Back

The initial number of waves increases at a rate of 15% each day.

Front

Back

Front

How long will it take for Brianna to double her $500 at 7.3% interest compounded quarterly?

Back

9.58 years

Front

Define compound interest.

Back

Interest calculated on the initial principal and also on the accumulated interest from previous periods.

Front

What is the formula for compound interest?

Back

Front

What does it mean for a function to have a growth rate?

Back

The growth rate indicates how quickly the value of the function increases over time.

Front

What is the significance of the initial value in an exponential function?

Back

The initial value represents the starting point of the function before any growth or decay occurs.

Front

Explain the concept of range in a function.

Back

The range is the set of all possible output values (y-values) of a function.