Compound interest and depreciation
9th grade (Year 10 in England) · 16 questions · Common Core: HSF.LE.A.1.C, HSA.SSE.B.3.C · England: GCSE Foundation Ratio, GCSE Higher Ratio
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Question 1
$2300 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).
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Question 2
A car worth $8000 loses 20% of its value each year. What is it worth after 3 years? Round to the nearest whole number (type the number only).
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Question 3
$4500 is saved at 10% compound interest per year. How much is in the account after 5 years? Round to 2 decimal places (type the number only).
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Question 4
A car worth $29000 loses 10% of its value each year. What is it worth after 2 years? Round to the nearest whole number (type the number only).
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Question 5
$900 is saved at 10% compound interest per year. How much is in the account after 3 years? Round to 2 decimal places (type the number only).
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Question 6
A car worth $14000 loses 20% of its value each year. What is it worth after 3 years? Round to the nearest whole number (type the number only).
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Question 7
$3700 is saved at 8% compound interest per year. How much is in the account after 4 years? Round to 2 decimal places (type the number only).
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Question 8
A car worth $9000 loses 15% of its value each year. What is it worth after 2 years? Round to the nearest whole number (type the number only).
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Question 9
$3000 is saved at 2% compound interest per year. How much is in the account after 2 years? Round to 2 decimal places (type the number only).
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Question 10
A car worth $32000 loses 10% of its value each year. What is it worth after 2 years? Round to the nearest whole number (type the number only).
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Question 11
$4000 is saved at 8% compound interest per year. How much is in the account after 2 years? Round to 2 decimal places (type the number only).
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Question 12
A car worth $36000 loses 10% of its value each year. What is it worth after 4 years? Round to the nearest whole number (type the number only).
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Question 13
$1200 is saved at 2% compound interest per year. How much is in the account after 2 years? Round to 2 decimal places (type the number only).
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Question 14
A car worth $36000 loses 15% of its value each year. What is it worth after 2 years? Round to the nearest whole number (type the number only).
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Question 15
$2200 is saved at 4% compound interest per year. How much is in the account after 2 years? Round to 2 decimal places (type the number only).
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Question 16
A car worth $21000 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
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