Compound Interest (Continously)

Which is the formula for interest compounded continuously?

• A = P * (1 + r/n)^(nt)
• A = P(1 + rt)
• A = P * e^(rt) + r
• A = P * e^(rt)

What does the "A" represent in the compound interest formula?

• Astronomy
• Apple
• Amount
• Aardvark

What does "P" represent in the compound interest formula?

• Price
• Percentage
• Profit
• Principal amount or initial investment

What does "r" represent in the compound interest formula?

• Principal amount
• Interest rate per period
• Total time
• Number of periods

What does "t" represent in the compound interest formula

• Tension
• Temperature
• Tangent
• Time

Change 2.5% to a decimal

• 0.025
• 0.0025
• 0.25
• 2.5

Write 1.25 as a decimal

• 1.52
• 1.35
• 1.125
• 1.25

Tags

CCSS.4.NF.C.6

Write 1.05% as a decimal

• 1.05
• 1.50
• 0.0105

• 1.5