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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does exponential decay refer to?
💡 Hint: Think about how quickly things lose value.
Question 2
Easy
If a car depreciates at 10% per year and is worth $10,000 initially, what will it be worth after one year?
💡 Hint: Calculate 10% of $10,000 and subtract from the original value.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does the term 'exponential decay' refer to?
💡 Hint: Think about what happens when something loses value.
Question 2
True or False: If a quantity decays exponentially, it will eventually reach zero.
💡 Hint: Visualize what happens to a curve approaching the axis.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
A piece of machinery loses value at a rate of 30% per year. If its initial cost was $200,000, what will its value be after 3 years?
💡 Hint: Don’t forget to calculate each year's reduction to find the final value.
Question 2
Explain how different decay rates affect the value of an item over time, using a graph to show your findings.
💡 Hint: Consider drawing graphs for 10% vs. 25% decay for clear comparison.
Challenge and get performance evaluation