You make a $10,000 investment that has historically doubled every 7 years.
Calculate the value of your investments after 12 years.
(Round your answer to the nearest hundredth. Include punctuation as needed.)
Growth and Decay Solve for Time
Quiz
•
Mathematics
•
9th Grade
•
Hard
Anthony Clark
FREE Resource
20 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
You make a $10,000 investment that has historically doubled every 7 years.
Calculate the value of your investments after 12 years.
(Round your answer to the nearest hundredth. Include punctuation as needed.)
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Charlotte has $15,000 to invest and would like this investment to grow to $28,000. If the growth factor is 1.06, how many years will it take to reach her goal? Use guess and check to find an approximate answer. (Answer should be a whole number.)
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
You put $100 in a savings account that earns 1% interest every year.
Identify if it is a linear or exponential function and if it shows growth or decay and by how much.
Exponential
Growth
1%/year
Exponential
Decay
1%/year
Linear
Growth
1%/year
Linear
Decay
1%/year
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If y = a(B)^x is a growth then...
the base is greater than 1
the base is less than 1
the initial value is greater than 1
the initial value is less than 1
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This is an example of:
Linear Growth
Linear Decay
Exponential Growth
Exponential Decay
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Does this graph represent exponential growth or decay?
Growth
Decay
cannot be determined
7.
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
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