Review Assessment U5

Review Assessment U5

9th - 11th Grade

13 Qs

quiz-placeholder

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Review Assessment U5

Review Assessment U5

Assessment

Quiz

Mathematics

9th - 11th Grade

Hard

Created by

Jorge Sanchez

Used 1+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account earns 8% interest each year, If a person invests $100 and makes no further deposits or withdrawals, what is the balance in the account after 3 years?

100(1+0.08)2

100(1+0.08)3

100(1+0.08)5

100(1-0.08)3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A savings account earns 6% interest each year, compounded annually (1 times a year). If a person invests $200 and makes no further deposits or withdrawals, what is the balance in the account after 3 years?

200(1+0.06/1)1x3

200(1+0.06/2)2x3

200(1+0.06/3)3x3

200(1+0.06/4)4x3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A savings account earns 7% interest each year, compounded semiannually(2 times a year). If a person invests $200 and makes no further deposits or withdrawals, what is the balance in the account after 3 years?

200(1+0.07/2)2x3

200(1+0.07/3)3x3

200(1+0.07/4)4x3

200(1+0.07/5)5x3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A savings account earns 9% interest each year, compounded monthly. If a person invests $200 and makes no further deposits or withdrawals, what is the balance in the account after 5 years?

200(1+0.09/2)2x5

200(1+0.09/12)12x5

200(1+0.09/4)4x5

200(1+0.09/5)5x5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A savings account earns 4% interest each year, compounded annually. If a person invests $80 and makes no further deposits or withdrawals, what is the balance in the account after 7 years?

80(1+0.04/2)2x5

80(1+0.04/4)4x7

80(1+0.04/12)12x7

80(1+0.04/6)6x5

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A savings account earns 4% interest each year, compounded quarterly (4 times a year). If a person invests $70 and makes no further deposits or withdrawals, what is the balance in the account after 11 years?

70(1+0.04/2)2x11

70(1+0.04/6)6x11

70(1+0.04/5)5x11

70(1+0.04/4)4x11

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A savings account earns 20% interest each year, compounded 5 times a year. If a person invests $400 and makes no further deposits or withdrawals, what is the balance in the account after 9years?

400(1+0.2/4)4x9

400(1+0.2/5)5x9

400(1+0.04/6)6x9

400(1+0.2/7)7x9

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