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Loan Duration and Interest Calculations

Loan Duration and Interest Calculations

Assessment

Interactive Video

Mathematics

10th - 12th Grade

Practice Problem

Hard

CCSS
8.EE.C.7B, 7.RP.A.3

Standards-aligned

Created by

Emma Peterson

FREE Resource

Standards-aligned

CCSS.8.EE.C.7B
,
CCSS.7.RP.A.3
This video tutorial by Pak Antara on the 'Matematika Bisa' channel covers the concept of compound interest, explaining its calculation and application through three examples. The first example demonstrates calculating the total amount after three years with a 10% annual compound interest. The second example involves determining the initial loan amount given a repayment amount after 2 years and 9 months with a 5% quarterly compound interest. The third example calculates the annual interest rate for a loan that grows from 3,500,000 to 4,100,000 over seven years. The video concludes with a summary and encouragement to engage with the channel.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main topic discussed in this video?

Linear Equations

Geometry

Compound Interest

Simple Interest

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which formula is used to calculate compound interest?

MN = m0 * P * n

MN = m0 / (1 + P)^n

MN = m0 + P * n

MN = m0 * (1 + P)^n

Tags

CCSS.8.EE.C.7B

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the first example, what is the interest rate per year?

10%

20%

15%

5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many years is the money deposited in the first example?

3 years

4 years

2 years

1 year

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the second example, what is the interest rate per quarter?

3%

4%

2%

5%

Tags

CCSS.8.EE.C.7B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many months does the loan last in the second example?

33 months

27 months

24 months

36 months

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount to be repaid in the second example?

20 million

15 million

25 million

10 million

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