What does P stand for in the simple interest formula?
Simple and Compound Interest

Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
principal
2.
FLASHCARD QUESTION
Front
The Principal Amount in the simple interest formula is _______________.
Back
the amount of money borrowed or deposited
3.
FLASHCARD QUESTION
Front
In the compound interest formula, what does 'A' represent?
Back
the total amount accumulated at end of of n times computation
4.
FLASHCARD QUESTION
Front
To earn as much interest as possible, you should open a savings account that earns ______ interest and has the _____ interest rate.
Back
compound ; highest
5.
FLASHCARD QUESTION
Front
Ann puts $300 in a bank account earning 4% per annum simple interest. How much interest will she earn in 3 years?
Back
36
6.
FLASHCARD QUESTION
Front
What is the value for n to compute the total amount for $4000 at 4% interest compounded yearly for 7 years?
Back
n = 7
7.
FLASHCARD QUESTION
Front
What is the value for r to compute the total amount Joe will get after 7 years with 4% per annum compounded yearly?
Back
r = 4
Create a free account and access millions of resources
Similar Resources on Quizizz
10 questions
Simple & Compound Interest

Flashcard
•
10th Grade
10 questions
Compound Interest

Flashcard
•
10th - 12th Grade
15 questions
Compound Interest and Borrowing Money Flashcard

Flashcard
•
9th - 11th Grade
9 questions
Applications of Logs & Expo Functions Day 2

Flashcard
•
10th - 12th Grade
15 questions
Compound Interest (Assigning Variables Only)

Flashcard
•
9th - 12th Grade
10 questions
Grade 10 maths literacy Simple and Compound Interest (saley)

Flashcard
•
10th Grade
15 questions
Compound Interest Assignment

Flashcard
•
9th - 12th Grade
14 questions
4.3 Exponential Compound Interest Practice/Review

Flashcard
•
9th - 12th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade