12 General Maths Compound Interest formulas

Quiz
•
Mathematics
•
12th Grade
•
Medium
Standards-aligned
Sydney Poore
Used 3+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To find compound interest of an amount over a period of time, what do you times your principal by?
i + 1
1 + i
i/k + 1
1 + i/t
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When finding the final amount of a value, which of these formulas will you use?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Mr. Poore has $10,000 in an account that generates 9.25% interest, what will his first payment's formula look like?
Tags
CCSS.HSF.BF.A.2
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
When we are looking for the principal amount of an interest account, which of these would be the correct answer?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
Tags
CCSS.HSA.SSE.B.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
Tags
CCSS.HSA.SSE.B.4
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To solve a recurrence relation, you need to show you working out by...
Creating a recurrence relation table
Using the recurrence relation formula
Writing down each of the steps with the formula
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