Quiz on Exponential Functions

Quiz on Exponential Functions

11th Grade

8 Qs

quiz-placeholder

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Quiz on Exponential Functions

Quiz on Exponential Functions

Assessment

Quiz

Mathematics

11th Grade

Medium

Created by

Maria Valiente

Used 7+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

10 yrs

11 yrs

12 yrs

7 yrs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Write an equation that models Bruno’s investment showing how much money, 𝐴, in dollars will be in his retirement account in 𝑡 years.

18200 = 𝑃𝑒(6.71∙11)

18200 = 𝑃𝑒(0.0671∙12)

A = 18200𝑒(0.0671∙11)

18200 = 𝑃𝑒(0.0671∙11)

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What was the amount of the initial investment?

$8,200

$8,700

$7,800

$18,200

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What will the account balance be after 20 years?

$33,292.20

$31,292.20

$30,292.20

$23,292.20

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Stephannie borrowed $6,320 from a close friend at an annual simple interest rate of 8.5%. If she pays the entire loan off after 2 years, what is the total amount that she will repay?

0.085

$6320

$7394.40

$394.40

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

An industrial machine used in a soda company is said to depreciate so that its value 𝐴 after 𝑡 years is given by 𝐴 = 𝑃𝑒−0.27𝑡. If the machine is worth $59,000 after 10 years, what was its original value?

$877,904.17

$17,012.31

$59,000

$600,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Brianna invests a sum of money in a savings account with an annual interest rate of 5.21% compounded monthly. After 5 years, the balance reaches $4,538.97. What was the amount of the initial investment?

$1,500

$3,500

$2,000

$3,000

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Manny invested $5,250 in a retirement account with a fixed annual interest rate compounded semi-annually. After 15 years, the balance reaches $26,165.74. What is the interest rate of Manny’s retirement account?

18%

5%

11%

9%