
Compound Interest
Quiz
•
Mathematics
•
9th - 12th Grade
•
Medium
Standards-aligned
Molly Snyders
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
In the compound interest formula what does the A stand for?
The amount of interest
The total amount
The interest rate
The time
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
In the compound interest formula what does the P stand for?
The time
The total amount
The principal amount (original amount)
The interest rate
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Change 6.5% to a decimal
.65
6.5
.065
.065%
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Change 18% to a decimal
18
.18
.018
.18%
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What does r represent
rate
principal
time
amount
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Caiden deposited $475 in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 years?
$827.52
$831.10
$839.45
$846.80
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Semi-Annually means how many times a year?
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