12 General Maths Compound Interest formulas

12 General Maths Compound Interest formulas

12th Grade

11 Qs

quiz-placeholder

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12 General Maths Compound Interest formulas

12 General Maths Compound Interest formulas

Assessment

Quiz

Mathematics

12th Grade

Medium

CCSS
HSF.BF.A.2, HSA.SSE.B.4

Standards-aligned

Created by

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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