6-2 Part 1: Interest Compounded Continuously
Authored by Nicholas Spencer
Mathematics
9th - 12th Grade
Used 15+ times
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15 questions
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1.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Kimi invests $4,000 at 3% interest compounded continuously. How much money will she have in 4 years?
(a)
2.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Dash invested $10,000 at 3% interest compounded continuously. How much will he have after 8 years?
(a)
3.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?
(a)
4.
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?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is 7.25% converted to a decimal?
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Convert .1% into a decimal number.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Convert 150% into a decimal number.
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