
Compound Interest
Authored by Terrence Coppin
Mathematics
11th Grade
CCSS covered
Used 11+ times

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10 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.BF.A.1
CCSS.HSF.LE.A.2
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You borrowed $59,000 for 2 years at 11% which was compounded annually. What total will you pay back?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.2
CCSS.HSA.SSE.B.4
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your allowance of $190 earned an interest of 11% compounded annually for 1 2/3 years. How much interest did you earn on your allowance?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.2
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your 6 year investment of $40,000 at 14% interest compounded annually is worth how much now?
Tags
CCSS.HSF-LE.A.1C
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You borrowed $1,690 for 5 1/2 years at an interest of 5.7% compounded annually. How much extra did you pay by taking out the loan?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.2
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your $440 gets 5.8% interest compounded annually for 8 years. What will your $440 be worth in 8 years?
$250.78
$690.78
$1,130
$940.78
Tags
CCSS.HSF-LE.A.1C
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
You invested $1,900 at 4% interest compounded annually for 3 years. How much interest did you earn in 3 years?
Tags
CCSS.HSF.BF.A.2
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