Write an exponential growth function to model the situation. (Example Answer:
)initial growth: 100
growth rate: 5%
Write an exponential growth function to model the situation. (Example Answer:
)initial growth: 2,000
growth rate: 6%
Write an exponential growth function to model the situation. (Example Answer:
)initial growth: 50
growth rate: 75%
Calculate the given interest period to an investment compounded annually. DO NOT round anything until you get to your final answer. Then round to the nearest hundredth.
Principal: $10,000
Annual Interest: 3.5%
Number of years: 5
Calculate the given interest period to an investment compounded semi-annually. DO NOT round anything until you get to your final answer. Then round to the nearest hundredth.
Principal: $10,000
Annual Interest: 3.5%
Number of years: 5
Based on questions 4 and 5, is it better to compound annually or semi-annually? And by how much? (Example Answer: semi-annually, $12.34)
What is the difference in the value after 10 years of an initial investment of $2,000 at 5% annual interest, when the interest is compounded quarterly rather than annually?
Write an exponential decay function to model each situation. (Example Answer:
initial value: 5,000
Decay rate: 30%
Given the exponential decay function in question #8, what is the value of x for the given value of f(x). Put answer as nearest approximate whole number. (Example Answer:
)f(x)=100
Write an exponential decay function to model each situation. (Example Answer:
initial value: 1,200
Decay rate: 12.5%
Given the exponential decay function in question #10, what is the value of x for the given value of f(x). Put answer as nearest approximate whole number. (Example Answer:
)f(x)=450
What is the average rate of change over the given interval of the exponential decay function? Round to the nearest hundredth if needed.
Initial value: 25
Decay percentage: 20%
What is the average rate of change over the given interval of the exponential decay function? Round to the nearest hundredth if needed.
Initial value: 25
Decay percentage: 20%
Looking at the previous 2 questions, what is the difference in the average rate of change from
and ?