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Compound Interest Review

Last updated almost 4 years ago

8 questions

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1

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Question 1

1.

What is the value of P?

Question 2

2.

What is t?

Question 3

3.

What is the r value you will use?

Question 4

4.

Answer the question. How much money will you have in 12 years?

$16347.80

$10163.90

$8194.27

Question 5

5.

Which equation represents the scenario?

Question 6

6.

How much will you have on your 50th birthday? Use dollar sign!!!!

$99680

$14684

$33942

$737

Question 7

7.

What is the rate AS A PERCENT?

.098%

.98%

98%

9.8%

Question 8

8.

Which is the better investment?

A

B