Compound Interest Assignment
Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
Standards-aligned
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
Change 6.75% to a decimal.
Back
.0675
2.
FLASHCARD QUESTION
Front
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 years?
Back
$831.10
3.
FLASHCARD QUESTION
Front
$600 invested at 6% compounded annually for 7 years.
Back
$902.18
Tags
CCSS.HSF-LE.A.1C
4.
FLASHCARD QUESTION
Front
6 year investment of $40,000 at 14% interest compounded annually is worth how much now?
Back
$87,798.90
5.
FLASHCARD QUESTION
Front
Borrowed $1,690 for 5 1/2 years at 5.7% interest compounded annually. How much extra was paid?
Back
$602.45
6.
FLASHCARD QUESTION
Front
$1,000 is invested at 16% interest, compounded continuously, for five years. What is the ending balance?
Back
$2,225.54
7.
FLASHCARD QUESTION
Front
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
Back
$12,749.30
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