QUIZ 4 (Q2) Annuities & Credit Cards (5.8)

John deposits $2,000 yearly into a retirement account (annuity). The account pays 7% compounded annually. How much money will be in the account after 25 years?

• $78,268.97

• $126,498.08

• $42,160.07

• $124,498.10

Jose deposited $3,000 quarterly into an annuity for 2 years at 4%. If the money was compounded quarterly, how much is in the account at the end of the 2 years?

• $24,867.03

• $35,899.23

• $24,857.01

• $25,861.31

Cynthia invested $2,000 at 4% annually for 10 years. Every year she deposited $2,000 into the account. What is her future value after 10 years?

• $44,512.78

• $24,512.78

• $24,512.19

• $24,012.22

Mr. Munguia is investing $5,000 quarterly for 2 years at 6% interest in an annuity. How much money is in the account at maturity?

• $42,164.20

• $42,270.20

• $52,164.20

• $42,284.89

Merbert deposits $500 every quarter in an annuity earning 6.2% compounded quarterly. How much will Alex have saved in 20 years?

• $72,164.20

• $78,158.07

• $82,164.19

• $42,164.20

Jenkins deposited $5,000 into an annuity after each quarter for 3 years at 6% interest compounded quarterly. How much money will Jenkins have after the 3 years.

• $65,858.05

• $66,506.49

• $65,206.05

• $67,444.07

75% of what number is 48?

• 48
• 100
• 64
• 75

Tags

CCSS.6.RP.A.3C

What is 87% of 55?

• 47.85
• 46.52
• 87.5
• 55.8

Tags

CCSS.6.RP.A.3C

26 is 5% of what number?

• 1.3
• 2.5
• 25.95
• 520

Tags

CCSS.6.RP.A.3C

What is 19% of 50?

• 9.5
• 10
• 15
• 11

Tags

CCSS.6.RP.A.3C