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5.3: The Effects of Compounding and Interest Rates on FV

5.3: The Effects of Compounding and Interest Rates on FV

Assessment

Interactive Video

•

Mathematics

•

11th Grade

•

Practice Problem

•

Hard

Created by

Richard Parker

Used 11+ times

FREE Resource

39 questions

Show all answers

1.

SLIDE QUESTION

1 min • Ungraded

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

10% of _________ is 75

7.5

75

750

7500

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Determine the simple interest earned: $500 invested at 5% for 1 year.

***HINT*** Simple Interest (I) = P (principal) x R (rate) x t (time)

$12.50

$25

$50

$500

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Determine the simple interest earned: $500 invested at 5% for 6 months.

***HINT*** Simple Interest (I) = P (principal) x R (rate) x t (time)

$12.50

$25

$50

$500

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Determine the simple interest earned: $500 invested at 5% for 2 years.

***HINT*** Simple Interest (I) = P (principal) x R (rate) x t (time)

$12.50

$25

$50

$500

6.

SLIDE QUESTION

30 sec • Ungraded

7.

SLIDE QUESTION

1 min • Ungraded

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