Understanding Compound Interest

Understanding Compound Interest

Assessment

Flashcard

Mathematics

10th Grade

Hard

Created by

Pauline Pennicooke

FREE Resource

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24 questions

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1.

FLASHCARD QUESTION

Front

Compound Interest

Back

Interest on initial principal and accumulated interest

2.

FLASHCARD QUESTION

Front

Compound Interest Formula

Back

A = P(1 + \frac{r}{n})^{nt}

3.

FLASHCARD QUESTION

Front

A in the formula

Back

Final amount

4.

FLASHCARD QUESTION

Front

P in the formula

Back

Principal amount

5.

FLASHCARD QUESTION

Front

r in the formula

Back

Annual interest rate (decimal)

6.

FLASHCARD QUESTION

Front

n in the formula

Back

Number of times interest applied per year

7.

FLASHCARD QUESTION

Front

t in the formula

Back

Time in years

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