Compound Interest - B10

Compound Interest - B10

Assessment

Flashcard

Mathematics

10th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

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

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

4.

FLASHCARD QUESTION

Front

Principal: $999
Interest Rate: 5.45%
Time: 19 years
Compounded Quarterly
State the future account balance.

Back

$2794.10

5.

FLASHCARD QUESTION

Front

Loan amount: $195,000, Interest rate: 4.3% compounded annually, Duration: 30 years

Back

$689,546.99

6.

FLASHCARD QUESTION

Front

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

Back

$2,706.86

7.

FLASHCARD QUESTION

Front

Courtney saved $2,200 at 5.2% interest compounded daily for 4 years. How much will she have?

Back

$2708.63

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?