Definitions
The "r" in the formula y = P(1 + r)^t
What is Rate or Interest Rate?
P = $13,000; R = 4%; N = twice a year; T = 4 years
What is $15,231.57?
John invested $16,000 at 3% compounded annually for 7 years. What the account is worth now.
What is $19,677.98?
Your initial deposit if an account with an interest rate of 1% is worth $1010 after one year
What is $1000?
The full name of our school's Assistant Principal
Who is Emily Therrien?
The amount of money initially invested
What is Principal?
P = $52,500; R = 8%; N = annually; T = 8 years
What is $97,173.84?
Mary borrowed $450 at 8% compounded twice a year for 3 years. What the account is now worth.
What is $569.39?
Your initial deposit if an account with an interest rate of 2% has a balance of $312.12 after two years
What is $300?
The first name of our school nurse
What is Liz?
The term used when money is compounded four times a year
What is Quarterly?
P = $453,900; R = 12%; N = quarterly; T = 3.5 years
What is $685,203.15?
Carlos invested $147,000 at 13% compounded monthly for 5.5 years. What the account is now worth.
What is $299,342.20?
Your initial deposit if an account with an interest rate of 1.5% is worth $658.78 after 3 years
What is $630?
The job of Susan Monmaney in our school system
What is librarian or what is media specialist?
Your Principal plus the interest you've earned
What is the Total or Amount?
P = $3,927; R = 14%; N = monthly; T = 1.5 years
What is $4,838.77?
Jeremy borrowed $96,300 at 3% compounded annually for 8 years. What the account is now worth.
What is $121,989.96?
Your initial deposit if an account with an interest rate of 2.1% is worth $22650.52 after five years
What is $20,415?
The last name of the husband and wife who both teach at the high school
What is Bromley?
The term used when money is compounded twelve times a year
What is monthly?
y = $1200; R = 8%; N = annually; T = 5 years
What is $1,763.19?
Ken invested $372.28 at 7% compounded quarterly for 2 2/3 years. What the account is now worth.
What is $447.96?
You initial deposit if an account with a 1.2% interest rate is worth $132,108.44 after four years
What is $125,953?
The first name or last name of the woman who works at the front desk in the high school office
What is Kathryn Nunnelly?