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investments tvm solver

Authored by Amandeep Buttar

11th Grade

CCSS covered

Used 6+ times

investments tvm solver
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An IRA Account. Amy contributes $50 per month into the Lincoln National Bond Fund that earns 7.26% annual interest. What is the value of Amy's investment after 25 years?

$42211.46

$8815.18

$40503.58

$1345.10

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An IRA Account. Matthew contributes $50 per month into the Kaufman Fund that earns 15.5% annual interest. What is the value of Matthew's investment after 20 years?

$88888

$80367.73

$1132.76

$7593.39

Tags

CCSS.HSF.BF.A.2

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An Investment Annuity. Diego contributes to the Commercial National Money Market Account that earns 4.5% annual interest. What should his monthly payments be if he wants to accumulate $120,000 in 30 years?

$200

$158.02

$172.90

$150

Tags

CCSS.HSF.BF.A.2

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Car Loan Payment. What is Kim's monthly payment for a 4-year $9000 car loan with an APR of 7.95% from County Savings Bank?

$299.51

$119.51

$219.51

$199.51

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Car Loan Payment. What is Sarah's monthly payment for 3-year $4500 car loan with an APR 10.25% from County Savings Bank?

$114.67

$45.70

$145.20

$145.73

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

House Mortgage Payment. Gendo obtains a 30-year $86,000 house loan with an APR of 8.75% from National City Bank. What is her monthly payment?

$500

$676.56

$738.87

$730.28

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

House Mortgage Payment. Roberta obtains a 25-year $100,000 house loan with an APR of 9.25% from NBD Bank. What is her monthly payment?

$856.38

$743.12

$788.45

$942.02

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