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Exponential Functions & Compound Interest
2/18: Exponential growth, decay & compound interest
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1. Question the question below by selecting A, B, C or D.
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1 point
A
B
C
D
Other:
2. Compare the two compound interest situations and determine which one will be worth more after 10 years. Then determine the total value.
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1 point
Choose
A; $21,574
B; $17,681
A; $16,000
B; $16,000
3a. Part A: Choose the correct exponential model below.
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1 point
A
B
C
D
3b. Using your solution from the problem in 3a find the value of the computer after 4 years. x=4.
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1 point
$1566
$1842
$1331
$2167
Other:
4. $3,000.00 invested at 8%Interest rate and compounded quarterly. What will be the amount after 5 years?
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