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WorksheetsUnit 4 Accounts Review
Total questions: 29
Worksheet time: 33mins
Question of the Day:
What is your go-to snack food?
For a savings account that pays 1.5% interest annually -
If there is $2000 in the account - what is the interest paid per year?
(a)
For a savings account that pays 1.5% interest annually -
If there is $2000 in the account - what is the interest paid per month?
(a)
Employee #1 puts 10% of their weekly pay into a savings account.
If their net weekly pay is $315 - how much will they deposit into their savings account?
(a)
Employee #1 puts 10% of their weekly pay into a savings account.
If their net weekly pay is $315 - how much will they deposit into their checking account?
(a)
Using the Simple Interest Formula:
If the principal in the account is $22,000, interest rate is 5%, and it has been 10 years -
What is the interest earned?
(a)
Using the Simple Interest Formula:
If the principal in the account is $22,000, interest rate is 5%, and it has been 10 years -
What is the end balance?
(a)
What is the value of A?
(a)
What is the value of B?
(a)
What is the value of C?
(a)
What is the value of D?
(a)
What is the value of E?
(a)
What is the value of F?
(a)
What is the value of G?
(a)
What is the value of H?
(a)
For: I=5000⋅0.08⋅2
What is the initial investment?
(a)
For: I=5000⋅0.08⋅2
What is the interest rate in percent?
(a)
For: I=5000⋅0.08⋅2
How many years has the money been in the account?
(a)
For: I=5000⋅0.08⋅2
How much interest has been earned?
(a)
For: I=5000⋅0.08⋅2
How much money is in the account now?
(a)
For A=1200(1+10.009)1⋅20
What is the principal in the account?
(a)
For A=1200(1+10.009)1⋅20
What is the interest rate?
(a)
For A=1200(1+10.009)1⋅20
How many years has the money been in this account?
(a)
For A=1200(1+10.009)1⋅20
How many times per year is interest compouned?
(a)
For A=1200(1+10.009)1⋅20
How much money is in the account at this time?
(a)
For A=1200(1+10.009)1⋅20
How much interest has been earned?
(a)
A Checking Account unlike a Savings Account [select all that are true]
Pays a Higher Interest Rate
Pays a Lower Interest Rare
Money is withdrawn with a check, an
ATM card, a debit card or in person
Money is withdrawn in
person at the
bank or with an ATM card
A Savings Account unlike a Checking Account [select all that are true]
Pays a Higher Interest Rate
Pays a Lower Interest Rare
Money is withdrawn with a check, an
ATM card, a debit card or in person
Money is withdrawn in
person at the
bank or with an ATM card
No question here. Just wanted to show the difference between these two accounts
