Compound Interest

Compound Interest

Assessment

Flashcard

Mathematics

9th - 10th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

Semi-Annually means how many times a year?

Back

2

2.

FLASHCARD QUESTION

Front

Monthly means how many times a year?

Back

12

3.

FLASHCARD QUESTION

Front

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?

Back

$2,706.86

4.

FLASHCARD QUESTION

Front

Emily buys furniture on credit with 9.5% interest compounded quarterly. She spent $7,400. How much will she have paid after 8 years?

Back

$15,683.28

5.

FLASHCARD QUESTION

Front

Jay'den deposited $475 in an account with 3.8% interest compounded annually. What will be his balance after 15 years?

Back

$831.10

6.

FLASHCARD QUESTION

Front

Change 6.75% to a decimal.

Back

.0675

7.

FLASHCARD QUESTION

Front

Which of the following exponential equations is the formula for compound interest? Options: , , ,

Back

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