Compound Interest
Quiz
•
Mathematics
•
8th - 9th Grade
•
Medium
+5
Standards-aligned
Tucker Smith
Used 2+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Tags
CCSS.3.MD.A.1
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Tags
CCSS.5.NBT.A.3
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
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
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
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
15 mins • 1 pt
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSA.SSE.B.4
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The population of City A is 16,500 and is growing by approximately 2.5% per year. The population of City B is 25,000 and is decreasing approximately 4% per year. Choose the best answer for the equations that model these functions and the # of years it will take for their populations to be equal.
16,500(1.25)x; 25,000(0.96)x; 6 years
16,500(1.025)x; 25,000(0.6)x; 6.5 years
16,500(1.025)x; 25,000(0.96)x; 6.3 years
16,500(1.025)x; 25,000(0.96)x; 6.5 years
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