Compound Interest
9th - 11th Grade
•10 Qs
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Compound Interest
Quiz
•
Mathematics
•
9th - 11th Grade
•
Practice Problem
•
Medium
+5
Standards-aligned
Rodolfo Morales
Used 41+ times
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10 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Misty has € 5000 (euros) to invest. She invests her money in a bank that pays 4.4% interest compounded annually.
How much money does Misty have at the end of 15 years? Round your answer to a whole euro.
Tags
CCSS.HSF-LE.A.1C
2.
FILL IN THE BLANK QUESTION
1 min • 5 pts
You deposit $1500 into an account that pays an interest rate of 4% compounded annually.
What is the worth of your investment after five years?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSF.LE.B.5
3.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Sarah invested $150 into a bank. The bank will pay 8% interest, compounded annually. How much interest did Sarah gain in 3 years?
Tags
CCSS.HSF.BF.A.2
4.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Visay invests LAK 500 000 000 (Lao Kip) in a bank. The bank will pay 3.2% interest compounded annually. How much interest Visay has gained at the end of
eight years. Give your answer correct to 3 significant figures.
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
5.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Olivia would like to buy some new furniture for her home. She decides to buy the
furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much interest did Olivia have to pay after 8 years?
Tags
CCSS.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
6.
FILL IN THE BLANK QUESTION
1 min • 5 pts
How much would an account be worth after 25 years if a principal of $5000 is deposited into an account with an interest rate of 3.75% compounded monthly?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
7.
FILL IN THE BLANK QUESTION
1 min • 5 pts
How much would an investment of $1,500 with a 4% interest rate compounded monthly be worth after 5 years?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
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