
Interest Compounded Continuously
Quiz
•
Mathematics
•
9th - 10th Grade
•
Easy
Standards-aligned
Amanda Fonseca
Used 1+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which formula is shown?
Compounded n times per year
Compounded continously
Tags
CCSS.HSF-LE.A.1C
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Cora invested $400 at a rate of 35% for 8 months, compounded continuously. How much is her investment worth after 8 months?
$520.07
$505.12
$460.11
$7,643.74
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You invest $1600 at an annual interest rate of 4.6% compounded continuously. How much will you have in the account after 4 years.
$1,923.23
$10,138.07
$6,701.28
$800.26
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