Compound Interest

Compound Interest

Assessment

Flashcard

Mathematics

11th Grade

Hard

CCSS
HSF-LE.A.1C

Standards-aligned

Created by

Wayground Content

FREE Resource

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10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

3-year investment of $20,000 with 5.2% interest compounded annually. What is the total return?

Back

$23,285.05

2.

FLASHCARD QUESTION

Front

You borrowed $59,000 for 2 years at 11% compounded annually. What total will you pay back?

Back

$72,693.90

3.

FLASHCARD QUESTION

Front

Your allowance of $190 earned an interest of 11% compounded annually for 1 2/3 years. How much interest did you earn on your allowance?

Back

$36.10

4.

FLASHCARD QUESTION

Front

Your 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

Your $440 gets 5.8% interest compounded annually for 8 years. What will your $440 be worth in 8 years?

Back

$690.78

Tags

CCSS.HSF-LE.A.1C

7.

FLASHCARD QUESTION

Front

Interest earned on $1,900 at 4% compounded annually for 3 years?

Back

$237.24

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