Compound Interest Word Problems

Quiz
•
Mathematics
•
9th Grade
•
Hard
+3
Standards-aligned
Anthony Clark
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A
B
C
D
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
F
G
H
J
Tags
CCSS.HSF-LE.A.1C
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
F
G
H
J
Tags
CCSS.HSF-LE.A.1C
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
F
G
H
J
Tags
CCSS.HSF-LE.A.1C
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A sum of money doubles in 8 years when compounded annually. What is the annual interest rate?
9%
8.75%
9.25%
8.5%
Tags
CCSS.HSF.LE.A.4
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If $1000 is invested at a compound interest rate of 4% per year, compounded annually, how much will the investment be worth after 2 years?
Tags
CCSS.HSF-LE.A.1C
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If $2000 is invested at a compound interest rate of 4% per year, compounded quarterly, how much will the investment be worth after 2 years?
Tags
CCSS.HSF-LE.A.1C
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