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Compound Continuous

Authored by Kimberly Hansen

Mathematics

9th - 12th Grade

CCSS covered

Used 4+ times

Compound Continuous
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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Compounded n times a year

Compounded continuously

2.

FILL IN THE BLANKS QUESTION

5 mins • 1 pt

The formula below can be used to determine the total amount of money in a savings account. What is the interest rate as a percent?

A=3250e0.062⋅8A=3250e^{0.062\cdot8}  

(a)  

3.

FILL IN THE BLANKS QUESTION

5 mins • 1 pt

The formula below can be used to determine the total amount of money in a savings account. How long was the money left in the account?

A=3250e0.062⋅8A=3250e^{0.062\cdot8}  

(a)  

4.

FILL IN THE BLANKS QUESTION

5 mins • 1 pt

The formula below can be used to determine the total amount of money in a savings account. What was the initial amount of money deposited into the account?

A=3250e0.062⋅8A=3250e^{0.062\cdot8}  

(a)  

5.

FILL IN THE BLANKS QUESTION

5 mins • 1 pt

The formula below can be used to determine the total amount of money in a savings account. How much money will end up being in the account if no other deposits or withdrawals are made?

A=3250e0.062⋅8A=3250e^{0.062\cdot8}  

(a)  

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

If $1,000 is invested at 16% interest, compounded continuously, for five years, what is the ending balance?

$225.54

$1225.54

$2225.54

$22255.40

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

If you invest $5,000 into an account paying 6% interest compounded continuously, how many years will it take until there is $8,000 in the account?

8.67 years

9.67 years

7.83 years

6.83 years

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