Compound Interest
Mathematics
7th - 8th Grade
CCSS covered
Used 545+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
To earn as much interest as possible, you should open a savings account that earns ______ interest and has the _____ interest rate.
Tags
CCSS.HSA.SSE.A.1
CCSS.HSA.CED.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions enable him to earn MORE interest?
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Write the percent as a decimal.
4.3%
Tags
CCSS.7.RP.A.3
CCSS.7.NS.A.3
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 year?
Tags
CCSS.HSA.SSE.A.1
CCSS.HSA.CED.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The compound interest formula is:
A = P(1 + r)t
What does the A represent?
The amount of interest earned.
The amount of time that has passed.
The total amount of money after a certain amount of time.
The amount required to invest.
Tags
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.B.5
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If $1,000 is invested at 16% interest, compounded annually, for five years, what is the ending balance?
$1,225,54
$2,100.34
$22,255.40
$225.54
Tags
CCSS.HSA.SSE.A.1
CCSS.HSA.CED.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
CCSS.HSA.SSE.B.4
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
the time has to be in _____________
years
months
days
seconds
Tags
CCSS.7.EE.A.2
CCSS.HSA.SSE.A.2
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
Revision 2
Quiz
•
7th Grade
10 questions
Unit 9 Expressions and formulae review
Quiz
•
8th Grade
18 questions
Percentage of Amount, Increase/Decrease and Change (Calc)
Quiz
•
7th - 10th Grade
10 questions
Latihan soal KSN matematika SD
Quiz
•
5th - 12th Grade
13 questions
Cube Roots
Quiz
•
8th Grade
10 questions
Pop quiz #2: Unit 3
Quiz
•
8th Grade
11 questions
Unit 6 review
Quiz
•
7th Grade
15 questions
Multiplying powers
Quiz
•
8th - 11th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
10 questions
Probability Practice
Quiz
•
4th Grade
15 questions
Probability on Number LIne
Quiz
•
4th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
6 questions
Appropriate Chromebook Usage
Lesson
•
7th Grade
10 questions
Greek Bases tele and phon
Quiz
•
6th - 8th Grade
Discover more resources for Mathematics
14 questions
Volume of rectangular prisms
Quiz
•
7th Grade
15 questions
Graphing Inequalities
Quiz
•
7th - 9th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
10 questions
Mean, Median, Mode, and Range
Quiz
•
7th Grade
12 questions
Simple Probability
Quiz
•
7th Grade
15 questions
Simple Probability
Quiz
•
7th Grade
15 questions
Volume of Triangular and Rectangular Prisms
Quiz
•
5th - 7th Grade
8 questions
8th U5L20 Volume of Sphere
Quiz
•
8th Grade