Interest Compounded Continuously

Interest Compounded Continuously

9th - 10th Grade

7 Qs

quiz-placeholder

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Interest Compounded Continuously

Interest Compounded Continuously

Assessment

Quiz

Mathematics

9th - 10th Grade

Easy

CCSS
HSF-LE.A.1C

Standards-aligned

Created by

Amanda Fonseca

Used 1+ times

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7 questions

Show all answers

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?

$1,225,54
$2,225.54
$22,255.40
$225.54

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?

$1,225,54
$2,225.54
$22,255.40
$225.54

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?

$1,225,54
$2,225.54
$22,255.40
$225.54

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.

$12712.31
$12,749.30
$12,657.59
$12550.84

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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