Simple and Compound Interest GoFormative

Last updated over 5 years ago

10 questions

Last updated over 5 years ago

10 questions

Question 1

Find the accumulated amount of an investment of $413.99 compounded at 4.25% for 8.5 years

Question 2

Question 3

$16052.36

$8005.22

$8495.20

$801.89

Question 4

A  3.34%

B  1.97%

C  2.9%

D  2.77%

Question 5

A  About 40 years

B  About 33 years

C  About 5 years

D  About 14 years

Question 6

A  $602

B  $863

C  $801

D  $828

Question 7

Question 8

Question 9

Question 10

10.

A  About 9.1 years

B  About 7.2 years

C  About 6.5 years

D  About 10.1 years

Question 1

Question 2

Question 3

$16052.36

$8005.22

$8495.20

$801.89

Question 4

A  3.34%

B  1.97%

C  2.9%

D  2.77%

Question 5

A  About 40 years

B  About 33 years

C  About 5 years

D  About 14 years

Question 6

A  $602

B  $863

C  $801

D  $828

Question 7

Question 8

Question 9

Question 10

10.

A  About 9.1 years

B  About 7.2 years

C  About 6.5 years

D  About 10.1 years