Compound Interest
Flashcard
•
Mathematics
•
11th Grade
•
Practice Problem
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
$12,000 principal earning 4.8% compounded annually after 7 years.
Back
$16,661.35
2.
FLASHCARD QUESTION
Front
$5000 deposit earning 1.5% compounded quarterly after 3 years
Back
$5,229.70
3.
FLASHCARD QUESTION
Front
$13,500 deposit earning 3.3% compounded monthly after 1 year
Back
$13, 952.30
4.
FLASHCARD QUESTION
Front
Your 6 year investment of $40,000 at 14% compounded quarterly is worth how much now?
Back
$91,333.14
5.
FLASHCARD QUESTION
Front
Your $54,200 2 year car loan is at 15.1% compounded annually. What will you have paid for your car after 2 years?
Back
$71,804.21
6.
FLASHCARD QUESTION
Front
Will deposits $1650 for three years at 3% interest, compounded daily. What is his ending balance?
Back
$1,805.38
7.
FLASHCARD QUESTION
Front
Avery deposits $8000 in a one year CD at 3.2% interest, compounded daily. What is Avery's ending balance?
Back
$8,260.13
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