Multiple Choice
Identify the
choice that best completes the statement or answers the question.
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1.
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Evaluate the function as indicated. Round to three decimal places if
necessary.  a. | 10,303.010 | b. | 10,936.853 | c. | 91,999.387 | d. | 4702.847 | e. | 90,900.000 |
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2.
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Evaluate the function as indicated. Round your answer to three decimal
places.  a. | –9.473 | b. | 10.705 | c. | –169.829 | d. | 9.473 | e. | 517.234 |
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3.
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Identify the horizontal asymptote of  .
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4.
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Determine the principal P (to the nearest cent) that will yield a balance
of  dollars when invested at rate 
for 40 years, compounded 12 times per year. Round the answer to two decimal places. a. | $973.96 | b. | $273,927.55 | c. | $16,025.64
| d. | $37,398.27 | e. | $402,834.63 |
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5.
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Determine the principal P (to the nearest cent) that will yield a balance
of  dollars when invested at rate 
for 40 years, compounded continuously. Round the answer to two decimal places. a. | $611,887.72 | b. | $495,364.63 | c. | $16,686.63
| d. | $13,015.58 | e. | $13,608.96 |
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6.
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7.
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8.
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Find the domain of  where  and  .
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9.
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Which statement(s) verify that  and 
are inverse?
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10.
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Write the logarithmic equation  in exponential
form.
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11.
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Use the properties of logarithms to evaluate  without a
calculator.
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12.
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Use the properties of logarithms to evaluate  without a
calculator. a. | 0 | b. | 5 | c. |  | d. |  | e. | 12 |
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13.
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Use the properties of logarithms to evaluate  without a
calculator.
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14.
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Use the properties of logarithms to expand  .
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15.
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Use the properties of logarithms to condense  .
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16.
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Solve the exponential equation. Round your answer to two decimal
places. 
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17.
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Solve the logarithmic equation. Round your answer to two decimal
places. 
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18.
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An investment of $2500 is made in an account that compounds interest quarterly.
After years 30 the balance in the account is $26132.78. To the nearest tenth of a percent, what
is the annual interest rate for this account?
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19.
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An investment of $28,000 is made in a trust fund at an annual interest rate of
6.75%, compounded continuously. How long will it take for the investment to double? Give your answer
to two decimal places.
a. |  year | b. | 
years | c. |  years | d. | 
years | e. |  years |
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20.
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An investment is made in an account that pays 10%, compounded monthly. What is
the effective yield for this investment? Round your answer to two decimal places.
a. | 10.52% | b. | 10.00% | c. | 10.38% | d. | 10.25% | e. | 10.47% |
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