Compound Interest
Authored by Heather Smetak
Mathematics
11th - 12th Grade
CCSS covered
Used 178+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
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.LE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.2
CCSS.HSA.SSE.B.4
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Monthly means how many times a year?
Tags
CCSS.3.MD.A.1
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Chelsea put $7500 into an account paying 5% compounded continuously. She now has $10,643.01. How long has the money been in the account?
7 years
6 years
5 years
4 years
Tags
CCSS.HSF.LE.A.4
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the n stand for in this formula?
Initial amount
Final amount
Rate
Time
The number of times compounded per year
Tags
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.B.5
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the r stand for in this formula?
Initial amount
Final amount
Rate
Time
The number of times compounded per year
Tags
CCSS.HSA.SSE.A.1
CCSS.HSA.CED.A.4
CCSS.HSF.LE.B.5
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does the P stand for in this formula?
Initial amount
Final amount
Rate
Time
The number of times compounded per year
Tags
CCSS.HSA.SSE.A.1
CCSS.HSA.CED.A.4
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Morales Bank offers you 3.9% interest compounded monthly. How long will it take for your money to triple if you use Morales Bank?
17 years and 10 months
28 years and 2 months
28 years and 3 months
29 years
Tags
CCSS.HSF.LE.A.4
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
11 questions
Unit 1 Review 23_24
Quiz
•
9th - 12th Grade
12 questions
Finance Solver
Quiz
•
12th Grade
15 questions
Concurso #1 del Profe Mario
Quiz
•
11th Grade
10 questions
Simple and Compound Interest
Quiz
•
11th Grade
10 questions
Introduction to Annuity
Quiz
•
11th - 12th Grade
15 questions
1.01 Syllabus and Classroom Procedures BW
Quiz
•
9th - 12th Grade
20 questions
Data Classification (1.2)
Quiz
•
9th - 12th Grade
13 questions
Compounding Interest & Finding Inverses
Quiz
•
9th - 12th 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
Evaluating Piecewise Functions Practice
Quiz
•
11th Grade
5 questions
Triangle Congruence Theorems
Interactive video
•
9th - 12th Grade
15 questions
Exponential Growth and Decay Word Problems Practice
Quiz
•
9th - 12th Grade
21 questions
Converting between Logs and Exponents
Quiz
•
11th Grade
20 questions
Classifying polynomials
Quiz
•
11th Grade
20 questions
special right triangles
Quiz
•
9th - 12th Grade
20 questions
Interpreting Scatter Plots
Quiz
•
8th - 12th Grade