Compound Interest
Initial Amount & Rate
Writing an Equation
Problems
Random
100

You deposit $20 in a bank account. The account pays 3% annual interest compounded semiannually. Find the balance of the account after 3 years.

$21.87

100

Dwight deposits his paycheck ($1,270.60) into his savings account, which accrues 13% interest annually.. What is the rate? (in decimal form, NOT PERCENT!)

0.13

100

Stanley deposits his paycheck ($1,270.60) into his savings account, which accrues 13% interest annually.. Write an equation that represents this situation.

y = 1,270.60 (1.13)t

OR

y = 1,270.60 (1+0.13)t

100

Phylis deposits her paycheck ($1,270.60) into her savings account, which accrues 13% interest annually.. How much will she have in 5 years?

$2,340.99

100

What is a derivative in calculus?

Derivatives are a fundamental tool of calculus. ... The derivative of a function of a single variable at a chosen input value, when it exists, is the slope of the tangent line to the graph of the function at that point.

200

You deposit $5000 in a bank account. The account pays 1.3% annual interest compounded quarterly. Find the balance of the account after 8 years.

$5,547.07

200

The population of Ellsworth is 441 and is decreasing by 1.7% each year. What is the initial amount? (with units!)

441 people

200

The population of Beverly is 2,547,000 and is decreasing by 21.7% each year.. Write an equation to represent this situation.

y = 2,547,000 (0.783)t

OR

y = 2,547,000 (1- 0.217)t

200

The population of Gotham City is 2,547,000 and is decreasing by 21.7% each year.. How many will there be in 3 decades?

1655 people

200

How many pages are in Mr. Meester's "A History of Mathematics" book?

668

300

You deposit $21500 in a bank account. The account pays .05% annual interest compounded monthly. Find the balance of the account after 4 years.

$21,543.04

300

Ermac's net worth in 2017 was $21 million. It declines by 0.12% monthly. What is the rate? (in decimal form, NOT PERCENT!)

0.0012

300

Ermac's net worth in 2017 was $21 million. It declines by 0.12% yearly. Write an equation to represent this situation.

y = 21,000,000 (1-0.0012)t

OR

y = 21,000,000 (0.9988)t

300

Ermac's net worth in 2017 was $21 million. It declines by 0.12% yearly. How much would it be in  9 years?

$20,774,285.60

300

How many total pages are in the Harry Potter series?

4,224

400

You deposit $5432 in a bank account. The account pays 1.07% annual interest compounded weekly. Find the balance of the account after 5 years.

$5,730.49

400

Carmelo Anthony's former NBA contract was worth $25,534,253. As he git older and started to play worse, it diminished by 11.9%. What is the initial amount? (with units)

$25,534,253

400

Carmelo Anthony's current NBA contract is worth $25,534,253. As he gets older and plays worse, it diminishes by 11.9%. Write an equation to represent this situation.

25,534,253 (0.881)t

400

Carmelo Anthony's current NBA contract was worth $25,534,253. As he got older and played worse, it diminished by 11.9%. How much was his contract worth 4 years later?

$15,382,495.29

400

What is the name of Mr. Meester's dog?

Bear

500

You deposit $150 in a bank account. The account pays 0.073% annual interest compounded daily. Find the balance of the account after 12 years.

$151.32

500

Optimus Prime has 46,870 energon. He makes 17.5% more each day. What is the rate? (in decimal form, NOT PERCENT!)

0.175

500

Optimus Prime has 46,870 energon. He makes 17.5% more each day.  Write an equation that represents the situation.

y = 46,870 (1.175)t

OR

y = 46,870 (1+0.175)t

500

Optimus Prime has 46,870 energon. He makes 17.5% more each day. How many will there be in a week?

144,930.58

500

What breed of dog does Mr. Meester have?

Labradoodle