10 questions
A youth group has a yard sale to raise money for a charity. The group earns $800 but decides to put its money in the bank for a while. Calculate the amount of money the group will have if, Cool Bank pays simple interest at a rate of 4%, and the youth group leaves the money in for 3 years.
96
896
832
32
A youth group has a yard sale to raise money for a charity. The group earns $3600 but decides to put its money in the bank for a while. Calculate the amount of money the group will have if, Cool Bank pays simple interest at a rate of 6%, and the youth group leaves the money in for 7 years.
3816
1512
216
5112
A youth group has a yard sale to raise money for a charity. The group earns $2200 but decides to put its money in the bank for a while. Calculate the amount of money the group will have if, Cool Bank pays simple interest at a rate of 5.5%, and the youth group leaves the money in for 5 years.
2805
605
6050
3800
A youth group has a yard sale to raise money for a charity. The group earns $800 but decides to put its money in the bank for a while. Calculate the amount of money the group will have if, Hot Bank pays an interest rate of 3% compounded annually, and the youth group leaves the money in for 5 years.
824
927
903
924
A youth group has a yard sale to raise money for a charity. The group earns $3600 but decides to put its money in the bank for a while. Calculate the amount of money the group will have if, Hot Bank pays an interest rate of 5% compounded annually, and the youth group leaves the money in for 7 years.
5066
4580
3705
3780
A youth group has a yard sale to raise money for a charity. The group earns $2200 but decides to put its money in the bank for a while. Calculate the amount of money the group will have if, Hot Bank pays an interest rate of 3.5% compounded annually, and the youth group leaves the money in for 4 years.
2613
2525
2277
2439
This table is an example of
Compound Interest
Simple Interest
Neither
This table is an example of
Compound Interest
Simple Interest
Neither
This table is an example of
Compound Interest
Simple Interest
Neither
This table is an example of
Compound Interest
Simple Interest
Neither