Compound Interest Expressions

Quiz
•
Mathematics
•
8th Grade
•
Hard
Standards-aligned
Anthony Clark
FREE Resource
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
interest paid on the initial principal and on interest earned in the past
Compound Interest
Simple Interest
Interest
Interest Rate
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?
$1,584.62
$2,651.39
$2,706.86
$1,825.10
Tags
CCSS.HSF-LE.A.1C
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years.
$15,415.94
$15,683.28
$15,927.56
$16,109.05
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually.
What will be his balance after 15 year?
$827.52
$831.10
$839.45
$846.80
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A
B
C
D
Tags
CCSS.HSF.LE.A.2
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Ash has $8,000 in a savings account. The interest rate is 3% compounded semi-annually .
To the nearest cent, how much will he have in his account in 4 years?
$9,004.07
$2,2848.80
$9,011.94
$8,242.71
7.
MATCH QUESTION
1 min • 1 pt
number of years since opening account
t
the type of interest being earned
compound
the principal amount of money in the acc
40%
the rate of interest earned
1000
Tags
CCSS.HSF.LE.B.5
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