Compound Interest

Compound Interest

Assessment

Flashcard

Mathematics

9th Grade

Practice Problem

Hard

CCSS
HSF.LE.A.2, HSF-LE.A.1C, HSF-IF.C.7E

+1

Standards-aligned

Created by

Wayground Content

FREE Resource

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16 questions

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1.

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

2.

FLASHCARD QUESTION

Front

Emily’s parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semiannually, what will be the balance after 18 years?

Back

$6,427.94

3.

FLASHCARD QUESTION

Front

Loan: $25,690, Interest: 5.2% compounded monthly, Duration: 5 years. Total payment?

Back

$33,299.42

Tags

CCSS.HSF-LE.A.1C

4.

FLASHCARD QUESTION

Front

$12,000 principal earning 4.8% compounded annually after 7 years.

Back

$16,661.35

5.

FLASHCARD QUESTION

Front

$5000 deposit earning 1.5% compounded quarterly after 3 years

Back

$5,229.70

6.

FLASHCARD QUESTION

Front

Your 6 year investment of $40,000 at 14% compounded quarterly is worth how much now?

Back

$91,333.14

7.

FLASHCARD QUESTION

Front

Change 6.75% to a decimal.

Back

.0675

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