YL Alg Final Exam Fall 2024

Front

Back

Front

How do you calculate the balance in an account with a principal of $12,000 earning 4.8% compounded annually after 7 years?

Back

The balance is calculated using the formula: Balance = Principal * (1 + rate)^time. The answer is $16,661.35.

Front

What is the general shape of an exponential function graph?

Back

An exponential function graph typically shows rapid growth or decay, characterized by a curve that rises or falls sharply.

Front

What is the distance between points A(5,1) and B(-2,6)?

Back

Front

What is the correct formula for calculating distance between two points (x1, y1) and (x2, y2)?

Back

Front

Back

Front

What is the formula for compound interest?

Back

The formula is: A = P(1 + r/n)^(nt), where A is the amount, P is the principal, r is the rate, n is the number of times interest is compounded per year, and t is the number of years.

Front

How do you identify an exponential function from a set of graphs?

Back

Look for a graph that shows a constant percentage rate of change, typically curving upwards or downwards.

Front

What is the distance formula used for?

Back

The distance formula is used to calculate the distance between two points in a coordinate plane.

Front

What is the significance of the principal in compound interest calculations?

Back

The principal is the initial amount of money that is invested or borrowed, which earns interest over time.