Starter quiz

  • __________ interest is when the interest is calculated on the original amount and the interest accumulated over the previous period.
    • Simple
    • Compound  ✓
    • Investment
  • Which of the below is the formula for compound interest?
    • P\times(1+r)^t=A  ✓
    • A\times(1+r)^t=P
    • P\times(1\times{r})^t=A
    • P\times(1+t)^r=A
  • \pounds2000 is invested at a rate of 6.5% interest for 3 years. How much is the investment worth at the end of the 3 years? £______
    • '2415.90' ✓
  • If \text{f}(x)=13x-17 evaluate \text{f}(3)
    • '22' ✓
  • \text{f}(x)=10-3x Match the composite functions to their respective values.
    • \text{f}(4)
      -2 ✓
    • \text{ff}(4)
      16 ✓
    • \text{fff}(4)
      -38 ✓
    • \text{ffff}(4)
      124 ✓
    • \text{fffff}(4)
      -362 ✓
    • \text{ffffff}(4)
      1096 ✓
  • This table shows the yearly values when <Math>\pounds800</Math> is invested in a savings account with compound interest. What is the unknown value of 'Year <Math>1</Math>'?
    This table shows the yearly values when \pounds800 is invested in a savings account with compound interest. What is the unknown value of 'Year 1'?
    • '880' ✓
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