
Paycheck/Interest TEST
Authored by omega logan
Mathematics
6th - 12th Grade
CCSS covered
Used 2+ times

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21 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Dash puts $4125 into an account using compounded continuously. If he keeps the money in the account for 5 years and now has a total of $4193.89. What is the interest rate?
0.033%
0.025%
0.053%
0.052%
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?
$3868.10
$3886.10
$3688.10
$3286.10
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Abhasra invests $8,911 in a retirement account with a fixed annual interest rate of 7.71% compounded continuously. What will the account balance be after 20 years?
$41,649.38
$51,649.38
$61,649.38
$71,649.38
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
5.
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.BF.A.2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Elizabeth earns $2200.00 per month. She wants to put 15% into savings each month. How much should she deposit into her savings account?
$1870
$330
$2530
$150
Tags
CCSS.6.RP.A.3C
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your bill at a restaurant is $52.00. You want to leave a 20% tip, so how much should the tip be?
$5.20
$62.40
$10.40
$20.00
Tags
CCSS.6.RP.A.3C
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