Continuous Compounding Interest Question Preview (ID: 61722)


Continuous Compounding Interest. TEACHERS: click here for quick copy question ID numbers.

A person invests $443.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 6.25%. How much money will that person have after 3 years?
a) $534.36
b) $507.64
c) $480.92
d) $454.21

A person invests $315.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 6.25%. How much money will that person have after 15 years?
a) $804.38
b) $764.16
c) $723.94
d) $844.60

A person invests $549.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 5%. How much money will that person have after 7 years?
a) $779.07
b) $740.11
c) $701.16
d) $818.02

A person invests $6,524.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 5%. How much money will that person have after 6 years?
a) $8,806.48
b) $8,366.15
c) $7,925.83
d) $9,246.80

A person invests $7,784.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 6.25%. How much money will that person have after 13 years?
a) $17,541.51
b) $18,418.59
c) $19,295.67
d) $19,646.50

A person invests $2,018.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 7.5%. How much money will that person have after 12 years?
a) $4,963.48
b) $4,715.31
c) $4,467.13
d) $4,218.96

A person invests $4,355.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 10%. How much money will that person have after 5 years?
a) $7,180.18
b) $7,539.19
c) $7,898.20
d) $6,821.17

A person invests $1,522.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 8.75%. How much money will that person have after 11 years?
a) $3,984.95
b) $3,785.70
c) $3,586.46
d) $4,184.20

A person invests $254.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 2.5%. How much money will that person have after 3 years?
a) $273.78
b) $287.47
c) $301.16
d) $260.09

A person invests $6,819.00 in a savings account that offers continuous compounding. The account has an annual interest rate of 8.75%. How much money will that person have after 13 years?
a) $21,268.20
b) $22,331.61
c) $23,395.02
d) $23,820.38

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 61722 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In | Sign Up / Register

Help / Support / FAQ




Gaming Links