Q3 FA 1: Module 3 Topic A (Ben Franklin HS)
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Last updated about 5 years ago
10 questions
1
1
2
a. Suppose $500 is invested at a bank that offers 4% simple interest. Write and evaluate an expression to determine the balance after 2 years.
b. Suppose $500 is invested at a bank that offerest 4% interest compounded annually. Write and evaluate an expression to determine the balance after 2 years.
a. Suppose $500 is invested at a bank that offers 4% simple interest. Write and evaluate an expression to determine the balance after 2 years.
b. Suppose $500 is invested at a bank that offerest 4% interest compounded annually. Write and evaluate an expression to determine the balance after 2 years.
2
Julio won a contest. His cash prize is given to him in the following way: One the first day, Julio receives $0.25. For each successive day, the amount of money Julio receives doubles.
a. Write an explicit formula to represent the money, f(d), in dollars Julio receives d days after the first day.
b. How much money will Julio receive on the 10th day?
Julio won a contest. His cash prize is given to him in the following way: One the first day, Julio receives $0.25. For each successive day, the amount of money Julio receives doubles.
a. Write an explicit formula to represent the money, f(d), in dollars Julio receives d days after the first day.
b. How much money will Julio receive on the 10th day?
