Do you Know Greg
Greg's last name is...
What is "Downes"?
In the forrmula FV=PV(1+i)^n. FV stands for.
What is Future Value?
In the equation for compound interest, this is what "n" means
What is the number of compounding periods?
Look at the picture the teacher is holding up. Is this exponential growth or decay?
What is decay?
The number of children Greg has.
What is 2?
5% of 200.
What is 10?
This is how often the periodic interest with the equation y = 1000(1+0.06/52)^(n*52) is compounded
What is weekly?
Which of these is exponential growth?
f(x) = 0.5(1.4)^x
g(x) = 10(0.9)^x
What is f(x) = 0.5(1.4)^x?
The state Greg went to school.
Where is NSW?
The number of months in 6 years
What is 72?
The Annual percentage rate for the equation
y = 400(1 + 0.05/12)^(12t)
What is 5%?
In the depreciation formula V=C(1-i)^n. C stands for.
What is the cost of the item?
The type of car that Greg drives.
What is a Tesla?
In the forrmula FV=PV(1+i)^n, If the interest rate is 4.8% coumpounding monthly. The value of 'i' is.
What is 0.004 or 0.048/12?
Between annually, semi-annually, monthly, and weekly, this compounding frequency grows the fastest
What is weekly?
Is depreciation bad?
What is No, it is good for business?
Where is Canada?
The Future Value of a $200 investment at 4% interest compounded annually after 20 years.
What is $438.22?
An account with $2000 gains 6% compounding twice yearly.
How much money is in the account after 3 years?
What is $2338.10
The graph of y=2x has an asymptote. Where is it?
What is the x-axis or y=0?