What is the formula for compound interest?
Exponential/Logarithmic Review

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Mathematics
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
The formula for compound interest is A = P(1 + r/n)^(nt), where A is the amount of money accumulated after n years, including interest. P is the principal amount (the initial deposit), r is the annual interest rate (decimal), n is the number of times that interest is compounded per year, and t is the number of years the money is invested or borrowed.
2.
FLASHCARD QUESTION
Front
What is the value of log4(64)?
Back
x = 3, because 4^3 = 64.
3.
FLASHCARD QUESTION
Front
What type of function is f(x) = 2(1/7)^x?
Back
Exponential Decay, because the base (1/7) is less than 1.
4.
FLASHCARD QUESTION
Front
If 3^3 = 3^(4x + 2), what is x?
Back
x = 1/4.
5.
FLASHCARD QUESTION
Front
What is the relationship between exponential functions and logarithmic functions?
Back
Exponential functions and logarithmic functions are inverses of each other. If y = a^x, then x = loga(y).
6.
FLASHCARD QUESTION
Front
What is the base of the natural logarithm?
Back
The base of the natural logarithm is e, approximately equal to 2.718.
7.
FLASHCARD QUESTION
Front
How do you solve for x in the equation (-3)^x = (-3)^13?
Back
Since the bases are the same, set the exponents equal: x = 13.
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