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6.2: Paying Back Borrowed Money

6.2: Paying Back Borrowed Money

Assessment

Interactive Video

•

Mathematics

•

11th Grade

•

Practice Problem

•

Medium

Created by

Richard Parker

Used 13+ times

FREE Resource

39 questions

Show all answers

1.

SLIDE QUESTION

1 min • Ungraded

2.

SLIDE QUESTION

30 sec • Ungraded

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Use a calculator to determine:

3.5% of $500

$5

$10

$12.50

$17.50

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Use a calculator to determine:

2.9% of $500

$5

$10

$14.50

$17.50

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Use a calculator to determine:

13.25% of $500

$5

$30

$44.50

$66.25

6.

SLIDE QUESTION

30 sec • Ungraded

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Using a TVM solver, determine the future value (FV) of $500 earning 5.5% compounded semi-annually for 3 years.

$500

$588.38

$625.72

$800

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