
Compound Interest & Depreciation Quiz

Quiz
•
Mathematics
•
10th Grade
•
Easy
J Long
Used 1+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Find the balance in the account after the given period.
$12,000 principal earing 4.8% compounded annually after 7 years.
$3,243.19
$16,661.35
$15,243.19
$4,661.35
4.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Find the balance in the account after the given period.
$3400 principal earning 3.6% compounded annually after 2 years
$3,420.43
$3,649.21
$3,675.39
$6,288.64
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Find the INTEREST for a six-year CD for $5000 at an interest rate of 4%, compounded annually.
$1,326.60
$6,326.60
$5,100.84
$100.84
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the multiplier for a 15% increase
0.15
1.15
0.95
0.85
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the multiplier for a 20% decrease
0.80
1.20
0.20
1.80
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