Team 1
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Team 2
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Teams
Name
Score
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15
×
the time needs to be in what form months or years?
years
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×
lifesaver
Give 20 points!
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×
shark
Other team loses 10 points!
Okay!
×
rocket
Go to first place!
Okay!
×
thief
Give points!
5
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25
15
×
what does the A stand for?
total amount
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15
×
Dan borrowed $2,000 for 1 year at 12% annual simple interest rate. How much interest is that?
240
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15
×
Bridget put $450 into a savings account that earns 8% simple interest. How much will be in the account after 7 years?
702
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15
×
what does this formula A=p(a+r)^2 give you?
total amount
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15
×
what does compound interest give you?
the total amount
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×
heart
Other team wins 15 points!
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rocket
Go to first place!
Okay!
×
rocket
Go to first place!
Okay!
×
thief
Give points!
5
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15
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25
15
×
what does the P stand for ?
principal
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15
×
what does simple interest give you?
the interest
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15
×
Erika takes out a loan for $6,500 and will need to pay back 3% simple interest. How much interest will she need to pay after 5 years?
975
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thief
Give points!
5
10
15
20
25
×
shark
Other team loses 10 points!
Okay!
×
shark
Other team loses 10 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
what does the T stand for ?
time
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15
×
what do you need to do when they give you this rate 4%
change it to decimal
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15
×
is this the compound formula or simple interest formula A=p(a+r)^2
compound formula
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15
×
what formula is this ? I=p*r*t compound or simple
simple
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