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by BlastRoom
Compute interest and compare how saving time changes growth.
#us_hs_economics
25 questions
One question set, multiple game modes. Tap any game to see it in action. Not sure which to pick?
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More correct answers pulls the rope your way.
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Lena borrows $1,200 at 5% simple interest for 3 years. How much interest does she pay in total?
A savings account holds $800 at 6% simple interest for 2 years. What interest does it earn?
Devon invests $2,500 at 4% simple interest for 18 months. How much interest does the investment earn?
A borrower owes $600 at 8% simple interest for 4 years. What is the total interest owed?
Carlos puts $1,500 in an account paying 3% simple interest for 2 years. What interest will he earn?
At 7% simple interest, how much interest does $900 earn over 3 years?
Use the balance table for an account compounded annually at 10%. What belongs in the blank for the end of year 2?
An account starts with $500 and compounds annually at 20%. Based on the table, what is its end-of-year-2 balance?
The table tracks $2,000 compounded annually at 5%. What balance should appear at the end of year 2?
A $800 deposit compounds annually at 25%. What is the missing end-of-year-2 balance in the table?
An account begins with $1,500 and compounds annually at 10%. What is its year-2 balance?
A $400 deposit compounds annually at 50%. What value fills the year-2 blank?
The table shows $1,000 compounded annually at 10%. What is the end-of-year-3 balance?
Two $2,000 accounts earn 10% for 2 years. The table compares simple and compound balances. How much more interest does compounding earn?
For $1,000 at 10% over 3 years, how much more interest does annual compounding earn than simple interest?
A $500 deposit earns 20% for 2 years. How much more does annual compounding earn than simple interest?
At 5% for 2 years, a $3,000 deposit earns simple interest of $300. How much more interest would annual compounding earn?
A $4,000 account earns 10% for 2 years. How much more interest does annual compounding produce than simple interest?
For $2,500 invested at 4% for 2 years, how much more interest does annual compounding earn than simple interest?
Ana deposits $200 monthly from age 22 to 32, then stops. Ben deposits $200 monthly from age 32 to 62. Both earn the same compounded rate and are measured at 62. Why can Ana finish with more?
Maya deposits $1,000 and earns 10% compounded annually for 5 years. Sam deposits $1,400 and earns 10% compounded annually for only 1 year, after which his money earns no further interest. Who has more after 5 years?
Nia deposits $1,200 for 4 years at 10% compounded annually. Omar deposits $1,500 for 1 year at the same rate. Who has more at the end of their stated terms?
Priya deposits $2,000 for 3 years at 10% compounded annually. Luis deposits $2,400 for 1 year at the same rate. Who ends with more?
Jordan invests $1,500 for 2 years at 10% compounded annually. Riley invests $1,000 for 6 years at the same rate. Who ends with more?
Tara invests $1,000 for 5 years at 10% compounded annually. Eli invests $1,300 for 2 years at the same rate. Who ends with more?
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Types of Credit
30 questions
