Exponential Functions (Growth/Decay, Compound, Solving Exponent)

Quiz
•
Mathematics
•
6th - 8th Grade
•
Medium
+3
Standards-aligned
Matthew McLendon
Used 3+ times
FREE Resource
14 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account with a simple interest rate of 3.8%.
If Caiden doesn't touch the account after 15 years, how much money will be in his account?
(Round your answer to the nearest hundredths)
Tags
CCSS.HSF.BF.A.2
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Mark took out a loan for $25,690 to purchase a new truck at a simple interest rate of 5.2% for 5 years.
How much will Mark have to pay in total?
(Round to the nearest hundredths)
Tags
CCSS.HSF.BF.A.2
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
You have inherited land that was purchased for $30,000 in 1990. The value of the land increased by approximately 5% per year. What is the approximate value of the land in the year 2011?
(Round your answer to the nearest cent)
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Riley invested $1,000 in savings bonds. If the bonds earn 6.8% interest compounded semi-annually.
How much will Riley have in total 11 years?
(Round your answer to the nearest hundredths)
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Sarah won $3,000 from a radio contest. If she puts this money in a bank account that earns 2.8% interest compounded quarterly, how much total will she have in 10 years?
(Round your answer to the nearest hundredths)
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Robert invested $5,000 in a money market account with an annual interest rate of 3.75% compounded monthly. If Robert doesn't add or remove any money, how much will be in this account after 25 years?
(Round your answer to the nearest cent)
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Solve: 98-x = 27x-3
(Just write the number)
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