Exit Ticket #2 Exponential Functions
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Last updated over 4 years ago
5 questions
2
Anne invested $1000 in an account with a1.3% annual interest rate. She made no depositsor withdrawals on the account for 2 years.If interest was compounded annually,which equation represents the balancein the account after the 2 years?
Anne invested $1000 in an account with a
1.3% annual interest rate. She made no deposits
or withdrawals on the account for 2 years.
If interest was compounded annually,
which equation represents the balance
in the account after the 2 years?
2
The equation V(t) = 12,000(0.75) trepresents the value of a motorcyclet years after it was purchased.Which statement is true?
The equation V(t) = 12,000(0.75) t
represents the value of a motorcycle
t years after it was purchased.
Which statement is true?
2
The function V(t) = 1350(1.017) trepresents the value V(t) ,in dollars, of a comic book t yearsafter its purchase. The yearly rate ofappreciation of the comic book is
The function V(t) = 1350(1.017) t
represents the value V(t) ,
in dollars, of a comic book t years
after its purchase. The yearly rate of
appreciation of the comic book is
2
On the day Alexander was born, his fatherinvested $5000 in an account with a 1.2%annual growth rate.
Write a function, A(t) ,that represents the value of this investmentt years after Alexander's birth.
Determine, to the nearest dollar, how muchmore the investment will be worth whenAlexander turns 32 than when he turns 17.
On the day Alexander was born, his father
invested $5000 in an account with a 1.2%
annual growth rate.
Write a function, A(t) ,
that represents the value of this investment
t years after Alexander's birth.
Determine, to the nearest dollar, how much
more the investment will be worth when
Alexander turns 32 than when he turns 17.
0
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