Compound Interest
Authored by Miranda Rahimzadeh
Mathematics
8th Grade
CCSS covered
Used 20+ 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
30 sec • 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 years?
Tags
CCSS.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Semi-Annually means how many times a year?
Tags
CCSS.3.MD.A.1
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Change 6.75% to a decimal.
Tags
CCSS.5.NBT.A.3
4.
MULTIPLE CHOICE QUESTION
15 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.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
5.
MULTIPLE CHOICE QUESTION
15 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.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSA.SSE.B.4
CCSS.HSA.SSE.A.1
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
Tags
CCSS.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSA.SSE.B.4
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The Arnold's took out a loan for $195,000 to purchase a home. At 4.3% interest rate compounded annually, how much will they have paid after 30 years?
Tags
CCSS.HSF-LE.A.1C
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
15 questions
Math Data Analysis
Quiz
•
6th Grade - University
13 questions
Trend Lines
Quiz
•
8th Grade
10 questions
Growth and Decay and Compound Interest
Quiz
•
8th - 9th Grade
15 questions
Equations and Inequalities SOL Review
Quiz
•
8th - 9th Grade
15 questions
Multi Step Word Problems with Rational Numbers
Quiz
•
7th Grade - University
15 questions
Exponents : Basic and word problem
Quiz
•
8th Grade
14 questions
The Quiz
Quiz
•
1st - 12th Grade
11 questions
The Magic of Mathematics-Maths'n More Team (Ratio-Proportio)
Quiz
•
7th - 10th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Mathematics
14 questions
finding slope from a graph
Quiz
•
8th Grade
20 questions
Laws of Exponents
Quiz
•
8th Grade
12 questions
8th U5L9 Linear Models
Quiz
•
8th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
20 questions
Volume of cylinders, Cones and Spheres
Quiz
•
8th Grade
20 questions
One Step equations addition and subtraction
Quiz
•
5th - 8th Grade
20 questions
Mean, Median, Mode, and Range
Quiz
•
8th Grade
15 questions
Volume of a Cylinder
Quiz
•
8th Grade