Financial Math - Mixed Review

Financial Math - Mixed Review

Assessment

Flashcard

Mathematics

12th Grade

Hard

CCSS
6.NS.B.3, 7.EE.B.3, 6.NS.C.5

+5

Standards-aligned

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15 questions

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1.

FLASHCARD QUESTION

Front

What is the amount of money that you put into an account?

Back

Deposit

Tags

CCSS.7.EE.B.3

2.

FLASHCARD QUESTION

Front

What is the term for the amount of money in your account?

Back

Balance

Tags

CCSS.6.NS.C.5

3.

FLASHCARD QUESTION

Front

If you borrowed money from a bank, how would you want your interest compounded for the best outcome?

Back

Yearly

4.

FLASHCARD QUESTION

Front

Calculate the total investment worth after 3 years if Jessie invests $3345 at an average return of 7.8%.

Back

$4,127.73

Tags

CCSS.HSF-LE.A.1C

5.

FLASHCARD QUESTION

Front

True or False: The formula for figuring straight-time pay is your hourly rate divided by the number of hours worked in a week.

Back

False

Tags

CCSS.6.NS.B.3

6.

FLASHCARD QUESTION

Front

What is the formula for calculating simple interest?

Back

Tags

CCSS.7.RP.A.3

7.

FLASHCARD QUESTION

Front

What is the term for the fee charged by a bank for account maintenance?

Back

Service Charge

Tags

CCSS.3.OA.D.9

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