Compound Interest

Compound Interest

Assessment

Flashcard

Mathematics

11th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

25 questions

Show all answers

1.

FLASHCARD QUESTION

Front

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

Back

$16,661.35

2.

FLASHCARD QUESTION

Front

$5000 deposit earning 1.5% compounded quarterly after 3 years

Back

$5,229.70

3.

FLASHCARD QUESTION

Front

$13,500 deposit earning 3.3% compounded monthly after 1 year

Back

$13, 952.30

4.

FLASHCARD QUESTION

Front

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

Back

$91,333.14

5.

FLASHCARD QUESTION

Front

Your $54,200 2 year car loan is at 15.1% compounded annually. What will you have paid for your car after 2 years?

Back

$71,804.21

6.

FLASHCARD QUESTION

Front

Will deposits $1650 for three years at 3% interest, compounded daily. What is his ending balance?

Back

$1,805.38

7.

FLASHCARD QUESTION

Front

Avery deposits $8000 in a one year CD at 3.2% interest, compounded daily. What is Avery's ending balance?

Back

$8,260.13

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?