Compound interest
Mathematics
8th Grade
CCSS covered
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your 3 year investment of $20,000 received 5.2% interest compounded annually. What is your total return?
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You borrowed $59,000 for 2 years at 11% which was compounded annually. What total will you pay back?
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
CCSS.HSA.SSE.B.4
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your $440 gets 5.8% interest compounded annually for 8 years. What will your $440 be worth in 8 years?
$250.78
$690.78
$1,130
$940.78
Tags
CCSS.HSF-LE.A.1C
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You invested $1,900 at 4% interest compounded annually for 3 years. How much interest did you earn in 3 years?
Tags
CCSS.HSF.BF.A.2
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You take out a loan for $175,000. Which option will cost you less?
A) Simple Interest rate of 4.17% over 15 years
B) Compound Interest rate of 3.5% over 15 years
Option A
Option B
they are both equal
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 year?
Tags
CCSS.HSF.LE.A.1
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Change 6.75% to a decimal.
Tags
CCSS.5.NBT.A.3
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Algebra Word Problems
Quiz
•
8th Grade - University
10 questions
2nd Form Consumer Arithmetic
Quiz
•
8th Grade
18 questions
Percent Increase/Decrease
Quiz
•
7th Grade - University
17 questions
Equations
Quiz
•
8th Grade
15 questions
Expanded Form Math
Quiz
•
2nd Grade - University
20 questions
Solving Word Problem Linear Inequalities
Quiz
•
8th Grade
10 questions
Data Types and Levels of Measurements
Quiz
•
5th Grade - University
20 questions
Translate Algebraic Expressions and Equations
Quiz
•
7th - 9th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Mathematics
15 questions
Product of Powers Property A1 U7
Quiz
•
8th Grade
20 questions
Laws of Exponents
Quiz
•
8th Grade
16 questions
8th U5L5 Graphs of Functions
Quiz
•
8th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
20 questions
Exponent Rules Review
Quiz
•
8th - 9th Grade
20 questions
One Step equations addition and subtraction
Quiz
•
5th - 8th Grade
20 questions
Translations
Quiz
•
8th Grade
25 questions
Complementary and Supplementary Angles
Quiz
•
7th - 10th Grade