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Q 1/23
Score 0
Ian deposited $1000 into an account. He made no additional deposits or withdrawals. Ian earned 3.25% interest compounded annually for 5 years. Which is closest to the balance in the account after 5 years?
30
$4083.94
$1162.50
$1173.41
$5162.50
Q 2/23
Score 0
Investment– putting your __________________ into an account or product that will maintain or increase in value.
30
Investment
Principle
Interest
Money
23 questions
Q.
Ian deposited $1000 into an account. He made no additional deposits or withdrawals. Ian earned 3.25% interest compounded annually for 5 years. Which is closest to the balance in the account after 5 years?
1
30 sec
Q.
Investment– putting your __________________ into an account or product that will maintain or increase in value.
2
30 sec
Q.
What is the formula for finding simple interest?
3
30 sec
Q.
Find the 22nd term in the sequence 5,8,11.... Use the arithmetic sequence formula.
4
30 sec
Q.
Identify the common difference for the sequence: 10,20,30....
5
30 sec
Q.
Identify the common difference for the sequence: -21,-18,-15,-12....
6
30 sec
Q.
Identify the common difference for the sequence: 97,86,75,64....
7
30 sec
Q.
Find the 32nd term in this sequence: 34,37,40,43...
8
30 sec
Q.
What is the distance from one number to the next in a sequence of numbers that is represented by a (d) in an arithmetic sequence?
9
30 sec
Q.
What is the common ratio for the sequence:
3, 15, 75...
10
30 sec
Q.
What is the 14th term of the geometric sequence: 3,9,27,81... ?
11
30 sec
Q.
What is the simple interest formula?
12
30 sec
Q.
Before the simple interest formula can be used, what form does the rate need to be in?
13
30 sec
Q.
Calculate the interest earned on a $4,500 savings account that earns 2.5% simple interest over 3 years.
14
30 sec
Q.
Find the end balance on a $250 account that earns 3% simple interest over 7 years.
15
30 sec
Q.
Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?
16
30 sec
Q.
Emily would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years?
17
30 sec
Q.
Compounded monthly means how many times a year?
18
30 sec
Q.
Jay'den earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 years?
19
30 sec
Q.
The Arnold family took out a loan for $195,000 to purchase a home. At a 4.3% interest rate compounded annually, how much total will they have paid after 30 years?
20
30 sec
Q.
Compounded yearly means how many times a year?
21
30 sec
Q.
Compounded semi-annually means how many times a year?
