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NY Regents Exam - Integrated Algebra: Help and Review25 chapters | 272 lessons | 12 flashcard sets

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The idea of compound interest is a standard practice among financial institutions that can provide substantial returns on deposits and investments. The quiz and worksheet for this lesson were designed to help you test your knowledge of the method of calculating compound interest.

These assessments will test you on:

- Mathematical variables
- The formula for calculating compound interest
- Projected balances on deposits
- Example scenarios using compound interest

This quiz and worksheet let you gauge your skills of:

**Reading comprehension**- ensure that you draw the most important information from the related lesson on calculating compound interest**Knowledge application**- use your knowledge to answer questions about the mathematical formula for compound interest**Problem solving**- use acquired knowledge to solve practice problems on compound interest calculation

To fully understand the information from the lesson titled Compounding Interest Formulas: Calculations & Examples, take the time to review the associated material. These objectives will be addressed:

- Identify the pieces of a mathematical formula
- Understand principal and accrued interest
- Connect money, time and percentages using different variables
- Use examples to measure deposits and returns

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Lesson
8 in chapter 16 of the course:

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NY Regents Exam - Integrated Algebra: Help and Review25 chapters | 272 lessons | 12 flashcard sets

- Ratios & Rates: Definitions & Examples 6:37
- How to Solve Problems with Money 8:29
- Proportion: Definition, Application & Examples 6:05
- Calculations with Ratios and Proportions 5:35
- Percents: Definition, Application & Examples 6:20
- How to Solve Word Problems That Use Percents 6:30
- How to Solve Interest Problems: Steps & Examples 6:05
- Compounding Interest Formulas: Calculations & Examples 7:45
- How to Solve Problems with Time 6:18
- Distance Formulas: Calculations & Examples 6:31
- Calculate Percentages: Formula & Overview 4:46
- What's 20 Percent of 1000? - How-to & Steps 3:29
- Go to Ratios, Percent & Proportions: Help & Review

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