Compound and Continuous Interest
Authored by Elizabeth Richardson
Mathematics
10th - 12th Grade
CCSS covered
Used 214+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Semi-Annually means how many times a year?
Tags
CCSS.3.MD.A.1
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Riley invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Riley earn in 15 years?
Tags
CCSS.HSF-LE.A.1C
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Olivia would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years.
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.B.5
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Principal: $999
Interest Rate: 5.45%
Time: 19 years
Compounded Quarterly
State the future account balance.
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSA.SSE.B.4
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Approximately what interest rate would be needed in order to grow and investment of $1400 to $2500 in 10 years if the interest was compound monthly?
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.LE.A.4
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Given an investment of$ 1,500:
Which investment would have a larger balance after 5 years?
Option 1 - 4% compounded monthly
Option 2 - 3.9% compounded daily.
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
Arithematic progressions
Quiz
•
10th Grade
10 questions
Asesmen Awal
Quiz
•
11th Grade
12 questions
Variaciones Compuestas y Polinomios.
Quiz
•
12th Grade
10 questions
Entrenamiento Preicfes Sesión 1 Razonamiento cuantitativo
Quiz
•
11th Grade
10 questions
EXAMEN DIAGNOSTICO MATEMATICAS 3
Quiz
•
11th Grade
13 questions
ULANGAN HARIAN SEMESTER 1 MATEMATIKA PEMINATAN X MIPA
Quiz
•
12th Grade
10 questions
Limit Tak hingga 1
Quiz
•
12th Grade - University
15 questions
Year 10 Solving Equations
Quiz
•
9th - 11th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Mathematics
10 questions
Factor Quadratic Expressions with Various Coefficients
Quiz
•
9th - 12th Grade
10 questions
Elijah McCoy: Innovations and Impact in Black History
Interactive video
•
6th - 10th Grade
10 questions
Evaluating Piecewise Functions Practice
Quiz
•
11th Grade
5 questions
Triangle Congruence Theorems
Interactive video
•
9th - 12th Grade
15 questions
Module 3 Topic 1 Vocabulary Quiz
Quiz
•
10th Grade
16 questions
Circle Vocabulary
Quiz
•
9th - 10th Grade
15 questions
Exponential Growth and Decay Word Problems Practice
Quiz
•
9th - 12th Grade
10 questions
Multiplying Fractions with Area Models
Interactive video
•
6th - 10th Grade