Simple and Compound Interest
Presentation
•
Mathematics
•
9th - 12th Grade
•
Easy
+1
Standards-aligned
Elo Cheng
Used 51+ times
FREE Resource
3 Slides • 10 Questions
1
MTHS101 - Nature of Financial Management
by Elo Cheng
2
3
Multiple Choice
The money you borrow or invest is called __________?
Simple Interest
Rate
Principal
Time
4
Multiple Choice
The extra money created on the money borrowed is called________?
Amount
Rate
Interest
Principal
5
Multiple Choice
6
Multiple Choice
7
Multiple Choice
8
9
Multiple Choice
What does the n stand for in this formula?
Initial amount
Final amount
Rate
Time
The number of times compounded per year
10
Multiple Choice
Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually.
Which exponential equation can be used to find how much money Karla will earn in 15 years?
11
Multiple Choice
12
Multiple Choice
Daniel invests $360 in a bank account that is compounded annually for 8 years with an interest rate of 5.5%. What will be the total amount in the account after the 8 years is over?
$625.88
$950.12
$315.45
$552.49
13
Multiple Choice
If $1,000 is invested at 16% interest, compounded annually, for five years, what is the ending balance?
$1,225,54
$2,100.34
$22,255.40
$225.54
MTHS101 - Nature of Financial Management
by Elo Cheng
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