Investment Graphs (HSC SSCE Mathematics Standard): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What shape does a simple interest graph produce?
What shape does a simple interest graph produce?
A straight line
What shape does a compound interest graph produce?
What shape does a compound interest graph produce?
An exponential curve
In an investment graph, what variable is placed on the horizontal axis?
In an investment graph, what variable is placed on the horizontal axis?
(time period)
What is the formula for simple interest?
What is the formula for simple interest?
What is the formula for compound interest earned?
What is the formula for compound interest earned?
After 7.5 years at 8% p.a., which earned more on 1000 USD: simple or compound interest?
After 7.5 years at 8% p.a., which earned more on 1000 USD: simple or compound interest?
Compound (780 USD)
Why does compound interest accelerate over time?
Why does compound interest accelerate over time?
Interest is earned on growing total
Which memory aid helps distinguish the two graph types?
Which memory aid helps distinguish the two graph types?
Simple = Straight, Compound = Curve
Over the same time at the same rate, which earns more?
Over the same time at the same rate, which earns more?
Compound interest
What is the first step in constructing an investment graph?
What is the first step in constructing an investment graph?
Construct a table of values