Future or Present?

George wants to go on a trip to Thailand in 5 years. He deposits $200 every month into an account with 4% interest compounded monthly. How much will she have for her trip in 5 years?

• Future Single

• Future Periodic

• Present Single

• Present Periodic

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.B.5

George wants to go on a trip to Thailand in 5 years. He deposits $200 every month into an account with 4% interest compounded monthly. How much will she have for her trip in 5 years?

• 13259.80

• 244.20

• 163.80

• 3.02

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

CCSS.HSF.LE.A.3

Francis wants to buy $27,000 car. The dealer offers him monthly payments for 5 years. How much does Frank need to invest each month in order to pay for his car at a 6.75% interest rate compounded monthly?

• Future Single

• Future Periodic

• Present Single

• Present Periodic

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSN.Q.A.1

Francis wants to buy $27,000 car. The dealer offers him monthly payments for 5 years. How much does Frank need to invest each month in order to pay for his car at a 6.75% interest rate compounded monthly?

• 19284.10

• 379.58

• 37803.10

• 192055

Tags

CCSS.HSF.BF.B.5

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.4

CCSS.HSN.Q.A.1

CCSS.HSN.Q.A.2

Elliott needs $12000 for a down-payment for her new car in 5 years. If she has an interest rate 1.5% compounded weekly. How much must she deposit to reach her goal?

• Future Single

• Future Periodic

• Present Single

• Present Periodic

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.4

Elliott needs $12000 for a down-payment for her new car in 5 years. If she has an interest rate 1.5% compounded weekly. How much must she deposit to reach her goal?

• 44.45

• 12934.50

• 111333

• 126672

Tags

CCSS.HSF.BF.B.5

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.4

Doug invests $250 in an account earning 5% interest compounded semiannually. How much will it be worth in 10 years?

• Future Single

• Future Periodic

• Present Single

• Present Periodic

Tags

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

Doug invests $250 in an account earning 5% interest compounded semiannually. How much will it be worth in 10 years?

• 6386.16

• 152.57

• 9.79

• 409.65

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.3

Nicole has a job as a nanny and makes $800 a month. She is going to deposit that $800 every month at 1.42% into an account compounded monthly in order to save up for a car. How much will she have in 3 years?

• Future Single

• Future Periodic

• Present Single

• Present Periodic

Tags

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSN.Q.A.1

CCSS.HSN.Q.A.2

Nicole has a job as a nanny and makes $800 a month. She is going to deposit that $800 every month at 1.42% into an account compounded monthly in order to save up for a car. How much will she have in 3 years?

• 29404.50

• 834.80

• 766.66

• 21.77

Tags

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

CCSS.HSF.LE.A.3

CCSS.HSN.Q.A.1