Savings plans Quiz
10 questions · easy to harder · Algebra 2 · score and step-by-step answers
How it works
- 10 questions, about 20 minutes (a timer counts down; you can hide it). Solve it right here: no sign-up.
- 0 questions have choices. For the others you type the answer: a number like 4, −2, 7/2 or 3.5, or for example x = 4, x = 2 or x = −3, (3, 5), 2x + 1. Use ^ for powers (x^2) and sqrt for √. Any form with the same value counts (7/2 = 3.5).
- One question at a time: Back, Next, Mark for review and the question list at the bottom. A calculator is on the screen.
- At the end: your percent and grade, every question right or wrong, why a wrong choice is wrong, and its step-by-step solution. Then practise the lesson with new questions.
Your answers and results are kept in this browser only, so you can close the page and come back.
1 Question 1
$200 is deposited at the end of each month into an account paying 6% compounded monthly. How much is in the account after 5 years?Type the answer.
2 Question 2
$1,000 is deposited at the end of each year into an account paying 5% compounded yearly. How much is in the account after 10 years?Type the answer.
3 Question 3
$50 is deposited at the end of each month into an account paying 6% compounded monthly. How much is in the account after 4 years?Type the answer.
4 Question 4
$150 is deposited at the end of each month into an account paying 2.4% compounded monthly. How much is in the account after 3 years?Type the answer.
5 Question 5
$300 is deposited at the end of each quarter into an account paying 8% compounded quarterly. How much is in the account after 10 years?Type the answer.
6 Question 6
$400 is deposited at the end of each month into an account paying 1.2% compounded monthly. How much is in the account after 1 year?Type the answer.
7 Question 7
$600 is deposited at the end of each quarter into an account paying 2% compounded quarterly. How much is in the account after 5 years?Type the answer.
8 Question 8
How much must be deposited at the end of each month at 4% compounded monthly to have $10,000 after 5 years?Type the answer.
9 Question 9
How much must be deposited at the end of each year at 5% compounded yearly to have $50,000 after 15 years?Type the answer.
10 Question 10
How much must be deposited at the end of each month at 3% compounded monthly to have $5,000 after 3 years?Type the answer.