Exponential Growth and Decay

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Business
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4th Grade - University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the formula A/B to the X power represent when B is greater than one?
Exponential decay
Constant value
Exponential growth
Linear growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the context of exponential growth, what happens to the value of Y when the base B is increased from 2 to 3?
Y becomes zero
Y increases
Y remains the same
Y decreases
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the result of Y when B is 1/2 in an exponential decay scenario?
1/4
1/8
1/16
1/2
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following words suggests exponential decay?
Shrink
Double
Increase
Grow
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much will $100 grow to after one year at a 5% interest rate?
$100
$105
$110
$115
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the value of a car after two years if it depreciates at a rate of 10% per year and was initially worth $10,000?
$7,290
$6,561
$8,100
$9,000
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you choose to double a penny every day for 31 days, what is the approximate value on the final day?
$10,737,418.23
$10,000
$1,000,000
$100,000
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