What is the formula for compound interest?
Laws of Indices (SP4.2)

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•
Mathematics
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
P = f(1 + r)^t, where P is the final amount, f is the initial investment, r is the annual interest rate, and t is the time in years.
2.
FLASHCARD QUESTION
Front
How do you calculate the amount of bacteria after t minutes if it doubles every minute?
Back
The amount of bacteria is given by the formula: Initial amount × (2^t).
3.
FLASHCARD QUESTION
Front
If Mr. Lee invests RM 50,000 at an 8% interest rate, what is the investment amount after 20 years?
Back
RM 233,048.
4.
FLASHCARD QUESTION
Front
What does the term 'exponential growth' refer to in the context of bacteria multiplication?
Back
Exponential growth occurs when the quantity increases by a consistent percentage over a period of time, leading to rapid growth.
5.
FLASHCARD QUESTION
Front
What is the value of 2^10?
Back
1024.
6.
FLASHCARD QUESTION
Front
If a population of bacteria is 200 and doubles every minute, how many bacteria will there be after 5 minutes?
Back
6,400 bacteria.
7.
FLASHCARD QUESTION
Front
What is the significance of the base in an exponential function?
Back
The base determines the growth rate; a base greater than 1 indicates growth, while a base between 0 and 1 indicates decay.
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