Team 1
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Team 2
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Teams
Name
Score
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15
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what does the A stand for?
total amount
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15
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what does this formula A=p(a+r)^2 give you?
total amount
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15
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Find the total amount in the account to the nearest cent if the interest is compounded annually. $2750 at 8% for 2 years.
3207.60
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15
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the time needs to be in what form months or years?
years
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15
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what does the I stand for?
interest
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15
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what does the P stand for ?
principal
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15
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Dan borrowed $2,000 for 1 year at 12% annual simple interest rate. How much interest is that?
240
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15
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what formula is this ? I=p*r*t compound or simple
simple
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boom
Lose 50 points!
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gift
Win 10 points!
Okay!
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fairy
Take points!
5
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15
20
25
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baam
Lose 15 points!
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monster
Reset all scores!
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gift
Win 15 points!
Okay!
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rocket
Go to first place!
Okay!
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banana
Go to last place!
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15
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what does the T stand for ?
time
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15
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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
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what does compound interest give you?
the total amount
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15
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Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
1392
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trap
No points!
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magnet
Take 10 points!
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rocket
Go to first place!
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thief
Give points!
5
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15
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25
15
×
what does simple interest give you?
the interest
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