1. Functions and Modeling
Exponential Functions — Quiz
Test your understanding of exponential functions with 5 practice questions.
Practice Questions
Question 1
What is the general formula for exponential decay?
Question 2
If a population of rabbits decreases by 15% each year, which function models the population after $t$ years if the initial population is $500$?
Question 3
A bank offers an annual interest rate of 5% compounded monthly. What is the effective annual rate (EAR)?
Question 4
Which of the following describes the long-term behavior of an exponential decay function as $x$ approaches infinity?
Question 5
If a certain investment triples every 4 years, what is the growth factor per year?