What is the formula for calculating the future value of an investment compounded monthly?
IM2 MIDTERM REVIEW

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Mathematics
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9th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Back
The future value (FV) can be calculated using the formula: FV = P(1 + r/n)^(nt), where P is the principal amount, r is the annual interest rate (decimal), n is the number of times interest is compounded per year, and t is the number of years.
2.
FLASHCARD QUESTION
Front
What is the product of the binomials (a + b)(a - b)?
Back
The product is a^2 - b^2, which is known as the difference of squares.
3.
FLASHCARD QUESTION
Front
How do you solve a quadratic equation by factoring?
Back
To solve a quadratic equation by factoring, express the equation in the form ax^2 + bx + c = 0, then factor it into the form (px + q)(rx + s) = 0, and set each factor equal to zero to find the values of x.
4.
FLASHCARD QUESTION
Front
What is the factored form of the quadratic expression 3x^2 - 5x - 12?
Back
The factored form is (3x + 4)(x - 3).
5.
FLASHCARD QUESTION
Front
What is the product of (3x^2 - 4y)(3x^2 + 4y)?
Back
The product is 9x^4 - 16y^2, which is also a difference of squares.
6.
FLASHCARD QUESTION
Front
What is the formula for compound interest?
Back
The formula for compound interest is A = P(1 + r/n)^(nt), where A is the amount of money accumulated after n years, including interest, P is the principal amount, r is the annual interest rate (decimal), n is the number of times that interest is compounded per year, and t is the number of years.
7.
FLASHCARD QUESTION
Front
What does it mean to factor a polynomial?
Back
Factoring a polynomial means expressing it as a product of its factors, which are polynomials of lower degrees.
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