Compound interest
Authored by Christine Bennett
Mathematics
Professional Development
CCSS covered
Used 48+ times
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8 questions
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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.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.BF.A.1
2.
MULTIPLE CHOICE QUESTION
15 mins • 5 pts
Find the total amount in the account to the nearest cent if the interest is compounded annually.
$2750 at 8% for 2 years
$3207.60
$457.80
$2970
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Hei-Hei has $1500 in a retirement account earning 5% interest compounded annually. After 5 years how much does Hei-Hei have in the account?
$1750
$2010.14
$2500
$1914.42
Tags
CCSS.HSF-LE.A.1C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Change 6.5% to a decimal
.65
6.5
.065
.065%
Tags
CCSS.5.NBT.A.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You borrowed $59,000 for 2 years at 11% which was compounded annually. What is the total?
$13,693.90
$1,363.90
$72,693.90
$73,793.90
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSA.SSE.B.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monthly means how many times a year?
Tags
CCSS.3.MD.A.1
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The period of 9 months is taken as how many quarters?
Tags
CCSS.4.MD.A.1
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