ACT Math - Pattern Behaviors in Exponents

1

If an account has interest compounded quarterly at an annual rate of , what is the balance of the account after years of compounding if the initial balance is ? Round to the nearest cent.

2

If an account has interest compounded quarterly at an annual rate of , what is the balance of the account after years of compounding if the initial balance is ? Round to the nearest cent.

3

If an account has interest compounded annually at a rate of , what is the balance of the account after years of compounding if the initial balance is ? Round to the nearest cent.

4

If an account has interest compounded annually at a rate of , what is the balance of the account after years of compounding if the initial balance is ? Round to the nearest cent.

5

What is the value of the expression $m^{2}+3m$ , given that $m^{\frac{3}{2}}=64$ ?

6

Alice wants to invest money such that in years she has . The interest rate is compounded quarterly. How much should she invest?

7

What is the value of the expression $m^{2}+3m$ , given that $m^{\frac{3}{2}}=64$ ?

8

Alice wants to invest money such that in years she has . The interest rate is compounded quarterly. How much should she invest?

9

An account is compounded at a given rate of interest annually for years. What is this rate if the beginning balance for the account was and its ending balance ? Round to the nearest hundredth of a percent.

10

An account is compounded at a given rate of interest annually for years. What is this rate if the beginning balance for the account was and its ending balance ? Round to the nearest hundredth of a percent.

Pattern Behaviors in Exponents

Practice Questions