Compound and Continuous Interest

Flashcard
•
Mathematics
•
10th - 12th Grade
•
Hard
+1
Standards-aligned
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is compound interest?
Back
Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
Tags
CCSS.7.RP.A.3
2.
FLASHCARD QUESTION
Front
How is continuous interest calculated?
Back
Continuous interest is calculated using the formula A = Pe^(rt), where A is the amount of money accumulated after n years, P is the principal amount, r is the annual interest rate, and t is the time in years.
3.
FLASHCARD QUESTION
Front
Convert 5.2% to a decimal.
Back
.052
4.
FLASHCARD QUESTION
Front
What is the formula for compound interest?
Back
The formula for compound interest is A = P(1 + r/n)^(nt), where A is the amount of money accumulated after n years, P is the principal amount, r is the annual interest rate, n is the number of times that interest is compounded per year, and t is the number of years.
5.
FLASHCARD QUESTION
Front
If $2,200 is invested at 5.2% interest compounded daily for 4 years, how much will it grow to?
Back
$2708.63
Tags
CCSS.HSF-LE.A.1C
6.
FLASHCARD QUESTION
Front
Convert 18% to a decimal.
Back
.18
7.
FLASHCARD QUESTION
Front
What is the difference between simple interest and compound interest?
Back
Simple interest is calculated only on the principal amount, while compound interest is calculated on the principal plus any interest that has already been added.
Tags
CCSS.7.RP.A.3
Create a free account and access millions of resources
Similar Resources on Wayground
10 questions
Compound Interest

Flashcard
•
10th - 12th Grade
15 questions
Compound and Continuous Interest

Flashcard
•
10th - 12th Grade
15 questions
Compound Interest Assignment

Flashcard
•
9th - 12th Grade
15 questions
Compound Interest Assignment

Flashcard
•
9th - 12th Grade
15 questions
Loan ammortization day 1

Flashcard
•
9th - 12th Grade
15 questions
Loan ammortization day 1

Flashcard
•
9th - 12th Grade
15 questions
Compound Interest

Flashcard
•
10th - 12th Grade
15 questions
Compound and Continuous Interest

Flashcard
•
10th - 12th Grade
Popular Resources on Wayground
55 questions
CHS Student Handbook 25-26

Quiz
•
9th Grade
18 questions
Writing Launch Day 1

Lesson
•
3rd Grade
10 questions
Chaffey

Quiz
•
9th - 12th Grade
15 questions
PRIDE

Quiz
•
6th - 8th Grade
40 questions
Algebra Review Topics

Quiz
•
9th - 12th Grade
22 questions
6-8 Digital Citizenship Review

Quiz
•
6th - 8th Grade
10 questions
Nouns, nouns, nouns

Quiz
•
3rd Grade
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
Discover more resources for Mathematics
40 questions
Algebra Review Topics

Quiz
•
9th - 12th Grade
12 questions
Classifying Polys - 1.1

Quiz
•
10th - 12th Grade
20 questions
1.1 (b) Add / Sub/ Multiply Polynomials

Quiz
•
12th Grade
10 questions
Solving Equations Opener

Quiz
•
11th Grade
20 questions
Function or Not? Domain and Range

Quiz
•
9th - 12th Grade
10 questions
Polynomial Operations Practice

Quiz
•
11th Grade
19 questions
Constructions Review SKG

Quiz
•
10th Grade
22 questions
Distribution Shapes

Quiz
•
9th - 12th Grade