Loans, Investments & Annuities
Authored by Christine Thomas
Mathematics
12th Grade
CCSS covered
Used 38+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A reducing-balance loan is a...
simple interest loan with regular repayments
compound interest loan with regular payments
simple interest loan without regular payments
compound interest loan without regular payments
Tags
CCSS.8.EE.C.7B
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Perpetuity
The balance of the investment does not change
An annuity with simple interest accruing each period
An annuity with compound interest with regular payments
An annuity with regular withdrawals equal to the interest earned
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
An annuity involves
Compound Interest
Regular Payments or Withdrawals
Simple Interest
Stuff happening annually
Tags
CCSS.HSA.SSE.B.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Compound Interest Formula
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balance of an Annuity
(Deposit with $0 principal)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Total Interest for an Annuity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balance of a reducing annuity
(eg mortgage)
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