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Compound Interest Review

Last updated over 4 years ago

8 Nsɛmmisa

1

1

1

1

1

1

1

1

Asemmisa {{asɛmmisaAhyɛnsode}}

1.

What is the value of P?

Asemmisa {{asɛmmisaAhyɛnsode}}

2.

What is t?

Asemmisa {{asɛmmisaAhyɛnsode}}

3.

What is the r value you will use?

Asemmisa {{asɛmmisaAhyɛnsode}}

4.

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

$16347.80

$10163.90

$8194.27

Asemmisa {{asɛmmisaAhyɛnsode}}

5.

Which equation represents the scenario?

Asemmisa {{asɛmmisaAhyɛnsode}}

6.

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

$99680

$14684

$33942

$737

Asemmisa {{asɛmmisaAhyɛnsode}}

7.

What is the rate AS A PERCENT?

.098%

.98%

98%

9.8%

Asemmisa {{asɛmmisaAhyɛnsode}}

8.

Which is the better investment?

A

B