Exponential Growth and Decay Word Problems
Assessment
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Chris Schanding
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Mathematics
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9th Grade
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1K plays
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Medium
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10 questions
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1.
Multiple Choice
Middletown High School has student elections every year. Lately, the school has seen a 5% decrease in voting from election to election. If 910 students voted this year, how many will be expected to vote 8 years from now? (Round to the nearest whole number if necessary).
604
777
29
198
2.
Multiple Choice
More and more people are purchasing food from farmers' markets. As a consequence, a market researcher predicts that the number of farmers' markets will increase by 15% each year. If there are 6,200 farmers' markets this year, how many will there be in 10 years? (Round to the nearest whole number if necessary).
25,082
12,937
62,000
43,511
3.
Multiple Choice
A publishing industry report predicts that magazine subscriptions will drop by 10% each year. If this prediction is correct, then how many subscribers will a magazine with 98,000 subscribers have in 10 years? (Round to the nearest whole number if necessary).
34,170
16,348
7690
76,023
4.
Multiple Choice
Jenny has $20 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much interest will she earn in 2 years?
$2.05
$45.79
$1.99
$7.51
5.
Multiple Choice
Lauren has $90 in a savings account. The interest rate is 5%, compounded annually. To the nearest cent, how much will she have in 2 years?
$99.23
$21.98
$56.46
$9.21
6.
Multiple Choice
A cliff overlooking Oak Grove Lake is experiencing erosion, losing elevation at a rate of 5% every millennium. The cliff's current elevation is 1,200 meters. What will its elevation be in 6 millennia? (Round to the nearest whole number if necessary).
882
465
349
975
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