Find the total amount in the account to the nearest cent if the interest is compounded annually.
$2750 at 8% for 2 years
Exponential Functions, Half-Life and Compound Interest
Quiz
•
Mathematics
•
9th Grade
•
Hard
Anthony Clark
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Find the total amount in the account to the nearest cent if the interest is compounded annually.
$2750 at 8% for 2 years
$2200
$3207.60
$8910
$3222.06
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
$12712.31
$12,749.30
$12,657.59
$12550.84
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If $400 is invested at 35% interest, compounded continuously, for 2 years, what is the ending balance?
$280
$680
$1,034.47
$805.50
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?
$1,225,54
$2,225.54
$22,255.40
$225.54
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Estimate the half-life of the radioactive substance shown in the graph:
6 months
6 hours
1 year
1 minute
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
14,195.08 grams
26.2 grams
1.36 grams
2.93 grams
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The half-life of chromium-51 is 28 days. If the sample contained 510 grams, how much chromium-51 would remain after 56 days?
127.5 g
164.3 g
23.45 g
287 g
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