Compound Interest

Compound Interest

11th Grade

15 Qs

quiz-placeholder

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Compound Interest

Compound Interest

Assessment

Quiz

Mathematics

11th Grade

Medium

CCSS
HSA.CED.A.1, HSF.LE.A.1, HSA.SSE.A.2

+12

Standards-aligned

Created by

Taylor Gabel

Used 18+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What principal will amount to $4500 if invested at 4% interest compounded quarterly for 5 years?

$3463.04
$3366.58
$3687.95
$3903.18

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.4

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the following Balance:
$600 invested at 6% compounded annually for 7 years.

$2273.04
$1080.57
$1057.95
$902.18

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Compounded Continuously Invested $400 at a rate of 35% for 8 months

$520.07
$505.12
$460.11
$7,643.74

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.

$12712.31
$12,749.30
$12,657.59
$12550.84

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSA.SSE.B.4

CCSS.HSF.LE.A.1

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?

$1,225,54
$2,225.54
$22,255.40
$225.54

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Solve for x:
23x + 1 = 32

0
-1
5/3
4/3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You invest $400 for 5 years and the interest rate is 4.29% each year. 

y=400(1 - 0.0429)5
y=400(1+.0429)5
y=400(1+ 4.29)5
y=400e0.049*5

Tags

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

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