- 1. Growth or decay? The population at Creekside is 500 and increasing at a rate of 1.5% a year.
A) Decay
B) Growth
- 2. Growth or decay? Annual sales at a company are $372,000 and are growing at a rate of 5% a year.
A) Decay
B) Growth
- 3. Growth or decay? The value of a car is $12,500 and it is diminishing at a rate of 7.5% a year.
A) Decay
B) Growth
- 4. If the population at Creekside is 500 and increasing at a rate of 1.5% a year, how many students will there be in 5 years?
A) 1006 students
B) 3x1013 students
C) 539 students
D) 652 students
- 5. Annual sales at a company are $372,000 and are growing at a rate of 5% a year. What will their sales be after 8 years?
A) $549,613.43
B) $9,533,953.13
C) $546,590.04
- 6. If $60,000 is invested at a rate of 2.5% and it is compounded annually, what will the balance be after 4 years?
A) $146,484.38
B) $66,228.77
C) $66,181.19
- 7. What is the total amount after 4 years if $1000 is invested at a 4% rate and compounded quarterly?
A) $1040.60
B) $1169.86
C) $1172.58
D) $217,795.33
- 8. Iodine-52 has a half-life of about 6 days. About how much is left from a 70-gram sample after 30 days?
A) 2.33 grams
B) .000006 grams
C) 5 grams
D) 2.19 grams
- 9. $400 is invested at 6% compounded annually. What is the total amount after 8 years?
A) $3392.00
B) $637.54
C) $17,179.87
D) $243.83
- 10. What is the decay rate in this equation? f(x)=2(.75)x
A) 25%
B) .25%
C) 75%
D) .75%
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