How long will it take for the value of an initial investment of $1200 compounded continuously at a 5.6% interest rate to reach $2000.
Exponential Growth, Decay, and Interest

Quiz
•
Mathematics
•
9th Grade
•
Hard
Anthony Clark
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
9.57 years
9.04 years
9.12 years
.091 years
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An investment of $500 earns 3% interest compounded monthly. Find how many years it will take for the account to be $800.
15.95 years
15.69 years
15.90 years
15.72 years
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An initial investment of $1000 is deposited in an account with a 1.2% interest rate, compounded quarterly. Find the value after 15 years.
$1045.96
$1196.89
$15180.81
$5891.60
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An initial investment of $1000 is deposited in an account with a 1.2% interest rate, compounded annually. In how many years will the account reach $1500?
34.04 years
33.99 years
3.72 years
3.58 years
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What type of function is f(x)=2(1/7)x ?
Exponential Growth
Linear
Exponential Decay
None of the Abovee
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the growth factor of the situation represented by f(x)=10(0.3)x?
10
0.3
1
3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Exponential Growth
Linear
Exponential Decay
None of the Abovee
Create a free account and access millions of resources
Similar Resources on Wayground
15 questions
Compound Interest and Exponential Functions

Quiz
•
9th - 10th Grade
15 questions
Compound Interest and Solving Exponents

Quiz
•
9th - 10th Grade
15 questions
Exponential Equation Compound Interest

Quiz
•
9th - 10th Grade
20 questions
Introduction to Compound Interest and Exponential Functions

Quiz
•
9th Grade - University
22 questions
Exponential and Logarithm Functions

Quiz
•
11th Grade
15 questions
Algebra 2 Exponential

Quiz
•
11th Grade - University
15 questions
Compound Interest

Quiz
•
11th - 12th Grade
20 questions
Exponential Functions Review

Quiz
•
9th - 11th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade