SIMPLE AND COMPOUND INTEREST
Authored by Meiaiel Turqueza
Mathematics
11th Grade
CCSS covered
Used 2+ times
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10 questions
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1.
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1 min • 1 pt
Interest that is computed on the principal. The interest remains constant throughout the term.
Tags
CCSS.HSF.BF.A.2
2.
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1 min • 1 pt
A person (or institution) who owes the money or avail of the funds from the lender.
3.
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1 min • 1 pt
Date on which money is received by the borrower.
Tags
CCSS.8.EE.B.5
4.
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1 min • 1 pt
A person (or institution) who invests the money or makes funds available.
5.
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1 min • 1 pt
Amount of money borrowed or invested on the origin date.
Tags
CCSS.HSF.LE.B.5
6.
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1 min • 1 pt
Date on which the money borrowed, or loan is to be completely repaid.
7.
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1 min • 1 pt
Amount of time in years the money is borrowed or invested, length of time between the origin and maturity dates.
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