Compound Interest
Assessment
•
Jorge Batrez
•
Mathematics
•
9th - 11th Grade
•
834 plays
•
Medium
Student preview
25 questions
Show answers
1.
Multiple Choice
Semi-Annually means how many times a year?
4
2
1
6
2.
Multiple Choice
$1,584.62
$2,651.39
$2,706.86
$1,825.10
3.
Multiple Choice
4
12
52
365
4.
Multiple Choice
Heather
invested $8,000 in a 4-year Certificate of Deposit (CD) that pays 4.1% interest
compounded annually. What is the value of the CD at the end
of the 4 years?
$9,394.92
$9,312.00
$1394.00
$1312.00
5.
Multiple Choice
Zach's parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semi-annually, what will be the balance after 18 years?
$6,273.50
$6,314.08
$6,385.72
$6,427.94
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