AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

Algebra 1 Quiz: Compound Interest

Wait just a minute here...

In order to access these resources, you will need to sign in or register for the website (takes literally 1 minute!) and contribute 10 documents to the CourseNotes library. Until you contribute 10 documents, you'll only be able to view the titles and some teaser text of the uploaded documents. There are 100,000+ essays, DBQs, study guides, practice tests, etc. that are only available to members that contribute. So what are you waiting for?

Get started right now!

Subject: 
Algebra
Rating: 
0
No votes yet

1. What is the Formula for the TOTAL COST of simple interest problems ? (Remember, the one with P, R, T,) 2. What is the Formula for the TOTAL COST of Compound interest? (Remember, the one from Friday with Pv, R, N and Nv) 3. Simon borrowed $1,000 for 2 years at 5% compound interest rate every year. How much did he owe after 2 years? 4. Bonita wants to store 1/2 pound of sugar in 3 separate containers.? What fractional part of a pound of sugar will be each container? 5. Sam borrowed $4,500 for 2 years and had to pay $630 simple interest at the end of that time. What rate of interest did he pay? 6. If the present value of my investment is $1,000 and the rate of interest is 10% compounded annually, what will the value be after 3 years?

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!