Chapter 6 Study Guide

7 Questions | Total Attempts: 32

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Study Quizzes & Trivia

Includes content from sections 5. 5, 6. 1 and 6. 2 in the text. Make sure to have all compounding interest formulas with you when doing the study guide. The formulas will be provided for you during the quiz on Tuesday.


Questions and Answers
  • 1. 
    If $3300 is invested for 10 years at 10% interest, compounded annually, what will the future value be in dollars and cents?
    • A. 

      $8.56

    • B. 

      $8970.33

    • C. 

      $8559.35

    • D. 

      $3645.25

  • 2. 
    A total of $8800 is invested at 6% interest, compounded daily.  Find the future value in 12 years.
    • A. 

      $18077.94

    • B. 

      $17707.33

    • C. 

      $18079.01

    • D. 

      $11717519.46

  • 3. 
    If $42,000 is invested at 7% interest, how much more will the investment be worth in 20 years if the investment is compounded continuously instead of compounded annually?
    • A. 

      $162526.75

    • B. 

      $170318.40

    • C. 

      $332845.15

    • D. 

      $7791.65

  • 4. 
    $10,000 is invested at 12% interest, compounded annually.  How long will it take to reach $24,760?
    • A. 

      5 years

    • B. 

      8 years

    • C. 

      12 years

    • D. 

      7 years

  • 5. 
    Click on https://s3.amazonaws.com/grapher/exports/cw2vsvdetr.png to see the graph of a function.  Below, check all that apply to the graph.
    • A. 

      Linear

    • B. 

      Quadratic

    • C. 

      Cubic

    • D. 

      Quartic

    • E. 

      Positive leading coefficient

    • F. 

      Negative leading coefficient

  • 6. 
    Click on https://s3.amazonaws.com/grapher/exports/g4iqrq58fy.png to see the graph of a function.  Below, check all that apply to the graph.
    • A. 

      Linear

    • B. 

      Quadratic

    • C. 

      Cubic

    • D. 

      Quartic

    • E. 

      Positive leading coefficient

    • F. 

      Negative leading coefficient

  • 7. 
    Accidental Deaths  Using the chart on page 440 #24, find a cubic function that models the data (round 4 decimal places), and use the function to predict how many accidental death will occur in 2013 per 100,000 U.S. residents.
    • A. 

      17.328

    • B. 

      16.229

    • C. 

      6.1618

    • D. 

      4.763

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