Compound Interest

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Compound Interest

Quiz

•

Mathematics

•

9th - 10th Grade

•

Practice Problem

•

Easy

•

CCSS

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

Standards-aligned

Mary Guy

Used 654+ times

FREE Resource

15 questions

Show all answers

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Semi-Annually means how many times a year?

Tags

CCSS.3.MD.A.1

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monthly means how many times a year?

365

Tags

CCSS.3.MD.A.1

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?

$1,584.62

$2,651.39

$2,706.86

$1,825.10

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly.

If she spent $7,400, how much total will she have paid after 8 years.

$15,415.94

$15,683.28

$15,927.56

$16,109.05

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.B.4

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Jay'den 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?

$827.52

$831.10

$839.45

$846.80

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Change 6.75% to a decimal.

67.5

.675

675

.0675

Tags

CCSS.5.NBT.A.3

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following exponential equations is the formula for compound interest?

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

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Compound Interest

15 questions

Semi-Annually means how many times a year?

Monthly means how many times a year?

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly.

If she spent $7,400, how much total will she have paid after 8 years.

Jay'den 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?

Change 6.75% to a decimal.

Which of the following exponential equations is the formula for compound interest?

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually.

Which exponential equation can be used to find how much money Karla will earn in 15 years?

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly.

If she spent $7,400, what exponential equation can be used to find how much she will pay after 8 years.

Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. Jay'den wants to know his balance after 15 years?

What does $475 represent?

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Similar Resources on Wayground

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Discover more resources for Mathematics

Compound Interest

15 questions

Semi-Annually means how many times a year?

Monthly means how many times a year?

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years.

Jay'den 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?

Change 6.75% to a decimal.

Which of the following exponential equations is the formula for compound interest?

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually.Which exponential equation can be used to find how much money Karla will earn in 15 years?

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly.If she spent $7,400, what exponential equation can be used to find how much she will pay after 8 years.

Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. Jay'den wants to know his balance after 15 years?What does $475 represent?

Access all questions and much more by creating a free account

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Mathematics

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly.

If she spent $7,400, how much total will she have paid after 8 years.

Jay'den 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?

Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually.

Which exponential equation can be used to find how much money Karla will earn in 15 years?

Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly.

If she spent $7,400, what exponential equation can be used to find how much she will pay after 8 years.

Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. Jay'den wants to know his balance after 15 years?

What does $475 represent?