[MAT112: 3 Compund Interest]

[MAT112: 3 Compund Interest]

University

10 Qs

quiz-placeholder

Similar activities

Algebra EOC A5A

Algebra EOC A5A

8th Grade - University

10 Qs

Review of Exponential Functions

Review of Exponential Functions

9th Grade - University

15 Qs

1st and 3rd - Do Now Review Test 2

1st and 3rd - Do Now Review Test 2

University

10 Qs

Review for Test Unit 1: Variables, Expressions, and Integers

Review for Test Unit 1: Variables, Expressions, and Integers

5th Grade - University

10 Qs

Wireless Lecture 7

Wireless Lecture 7

University

10 Qs

AILET 2010

AILET 2010

8th Grade - Professional Development

10 Qs

Exponential Growth and Compound Interest

Exponential Growth and Compound Interest

11th Grade - University

15 Qs

Exponential Functions and Sequences Review

Exponential Functions and Sequences Review

9th Grade - University

15 Qs

[MAT112: 3 Compund Interest]

[MAT112: 3 Compund Interest]

Assessment

Quiz

Mathematics

University

Practice Problem

Medium

CCSS
HSF-LE.A.1C, 8.EE.C.7B, 6.EE.C.9

Standards-aligned

Created by

AR Norzanah

Used 3+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does P represent in the equation S=P(1+i)n ?

rate

principal

time

amount

Tags

CCSS.8.EE.C.7B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does i represent in the equation S=P(1+i)n?

annual nominal rate

periodic interest rate

simple interest rate

compound interest rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does n represent in the equation S=P(1+i)n?

number of interest

number of investment

number of interest periods in the investment period

number of monthly investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RM2000 is invested for 3 years. This investment is offered 10% compounded every 2 months. In this scenario, RM2000 is mentioned as part of the investment. What does this amount represent?

Future Value

Face Value

Maturity Value

Principal

Tags

CCSS.HSF-LE.A.1C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RM2000 is invested for 5 years 3 months. This investment is offered 10% compounded every 2 months. In this scenario, 5 years 3 months is mentioned as part of the investment. What is this duration in years?

5.3 years

5.75 years

5.25 years

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If an investment of RM3000 is made at a 12% annual interest rate compounded quarterly, what is the periodic interest rate?

3%

0.03%

12%

4%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total number of interest in the investment periods if an investment of RM5000 is made for 4 years at a 6% interest rate compounded monthly?

48

24

36

60

Tags

CCSS.HSF-LE.A.1C

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?