Common Core HSA.SSE.B.3.C worksheet
High school · 16 questions · Common Core: HSF.LE.A.1.C, HSA.SSE.B.3.C, HSF.LE.A.2 · England: GCSE Foundation Ratio, GCSE Higher Ratio, A-level Pure Mathematics
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Question 1
$7500 earns 3% a year compounded continuously: A = Pe^(rt). Find the value after 6 years, to 2 decimal places.
Answer
Question 2
A car worth $9000 loses 15% of its value each year. What is it worth after 4 years? Round to the nearest whole number (type the number only).
Answer
Question 3
At 4% a year, which compounding gives the most money after 5 years?
- A. Yearly
- B. Monthly
- C. Continuously
- D. They all give the same
Question 4
$6000 is invested at 2% a year, compounded monthly. Use A = P(1 + r/n)^(nt) to find the value after 6 years, to 2 decimal places.
Answer
Question 5
$3000 is saved at 5% compound interest per year. How much is in the account after 5 years? Round to 2 decimal places (type the number only).
Answer
Question 6
$8000 earns 3% a year compounded continuously: A = Pe^(rt). Find the value after 2 years, to 2 decimal places.
Answer
Question 7
A car worth $39000 loses 20% of its value each year. What is it worth after 2 years? Round to the nearest whole number (type the number only).
Answer
Question 8
At 3% a year, which compounding gives the most money after 5 years?
- A. Yearly
- B. Monthly
- C. Continuously
- D. They all give the same
Question 9
$6500 is invested at 5% a year, compounded quarterly. Use A = P(1 + r/n)^(nt) to find the value after 10 years, to 2 decimal places.
Answer
Question 10
$1100 is saved at 3% compound interest per year. How much is in the account after 5 years? Round to 2 decimal places (type the number only).
Answer
Question 11
$4500 earns 2% a year compounded continuously: A = Pe^(rt). Find the value after 4 years, to 2 decimal places.
Answer
Question 12
A car worth $13000 loses 10% of its value each year. What is it worth after 2 years? Round to the nearest whole number (type the number only).
Answer
Question 13
At 6% a year, which compounding gives the most money after 5 years?
- A. Yearly
- B. Monthly
- C. Continuously
- D. They all give the same
Question 14
$500 is invested at 4% a year, compounded quarterly. Use A = P(1 + r/n)^(nt) to find the value after 9 years, to 2 decimal places.
Answer
Question 15
$1100 is saved at 4% compound interest per year. How much is in the account after 4 years? Round to 2 decimal places (type the number only).
Answer
Question 16
$5500 earns 4% a year compounded continuously: A = Pe^(rt). Find the value after 3 years, to 2 decimal places.
Answer
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