Compound Interest Formula

Compound Interest Formula

10th - 12th Grade

10 Qs

quiz-placeholder

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Compound Interest Formula

Compound Interest Formula

Assessment

Quiz

Mathematics

10th - 12th Grade

Practice Problem

Medium

CCSS
HSF.LE.B.5, HSF-IF.C.8B

Standards-aligned

Created by

Heather Visaya

Used 40+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Convert 0.67 to a percent

.67%

67%

6.7%

670%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Semi-annual means

Twice a year

4 times a year

6 times a year

12 times a year

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The n in the compound interest formula stands for

interest rate

initial amount

The number of times compounded per year

Number of years compounded

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Convert 2.49 to a percent

.00249

24.9%

249%

2.49%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If your money is compounded quarterly, what value do you use for n?

6

.25

25

4

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the amount of money deposited into the account is $5,000. Then which variable equals 5,000?

P

A

r

t

Tags

CCSS.HSF.LE.B.5

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An investment is compounded weekly for 4 years. Which values are correct?

n=4, t=52

n= 52, t=4

n=7 , t=4

n=4, t=48

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