Interest
You deposit $200 in a savings account that earns 4% interest per year, compounded annually. How much will you earn after 4 years?
233.97
Simplify
(3x)2
9x2
Write in the following in scientific notation
3895000000
3.895 x 109
A summer job pays you $500, which you put into an account earning 6% compounded interest.
How much will you have after 5 years?
$669.11
Simplify the following
(4x3)(4x)243x5
Write the following in scientific notation
.000000000000245
2.45 x 10-13
A deposit earns 8% compounded interest every year. If you deposit $250, how much will it be worth after 8 years?
462.73
Simplify the following
(a2c11)/( a5c3)
(c8)/(a3)
Simplify the following
(3.2 x 102 )(6.5 x 103)
2.08 x 106
What is the difference in the amount of money in the bank after five years if $2500 is invested at 3.2% interest compounded annually or at 2.9% interest compounded annually?
42.29
2-3
1/8
Write 2.61x10-15 in standard form
0.00000000000000261
You want to buy a new bike in 3 years. If the bike will cost $450, how much should you deposit now in an account earning 5% yearly compound interest so that you will have enough money?
about 388.73
Simplify the following
(23)2(42)
1024