
Interest & MAD
Authored by Carlos Cupido Sanchez
Mathematics
8th Grade
8 covered
Used 4+ times

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8 questions
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1.
DROPDOWN QUESTION
1 min • 2 pts
The balance is the (a) that is in your (b) at any time e includes the (c) or the money that you invested and the (d) or additional money that you (e) for keeping your money in the account.
Tags
8.12D
2.
LABELING QUESTION
1 min • 1 pt
SIMPLE INTEREST FORMULA
Tags
8.12D
3.
REORDER QUESTION
1 min • 1 pt
Rearrange The Simple Interest Formula
p
t
r
I =
4.
MATCH QUESTION
10 mins • 1 pt
Match the following amounts to the word problems
A $4,100 deposit for 72 months at a simple interest rate of 3.4%.
Interest = $2,524.50
Sasha makes a $2,400 deposit into an account that earns 4.5% interest compounded annually for 8 year
Interest = $360
A $3,000 deposit for 60 months compounded at an annual interest rate of 2.6%.
Interest = $836.40
A $5,400 deposit for 11 years earning 4.25% simple interest
Balance = $3,413.04
Ahmed deposits $600 into an account that earns 2% simple interest for 30 years
Balance = $3,410.81
5.
MATH RESPONSE QUESTION
2 mins • 1 pt
Oliver makes deposits into two separate savings accounts:
• Account 1: $5,000; 4% annual simple interest
• Account 2: $5,000; 4% annual compound interest
Assuming he makes no additional deposits or withdrawals, find the difference in the account balances after 60 months.
Mathematical Equivalence
ON
6.
MATH RESPONSE QUESTION
2 mins • 1 pt
The list below represents the number of minutes the last 5 customers at Fridays waited to receive their order. Find the mean absolute deviation.
5, 9, 4 , 6 , 6
Mathematical Equivalence
ON
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Find the Mean Absolute Deviation for the following set of numbers:
171, 170, 174, 173, 172
860
172
1.2
1.5
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