Quiz on finding the compound interest

Quiz on finding the compound interest. This exercise teaches students how to find the interest accumulated over a period of time. The compound interest is calculated based on a formula. When this formula is applied, it leads to the compound interest. In this quiz there is several real life situations expressed in word problems. Read each scenario and answer the question accordingly based on the scenario presented. This consumer math activity is for 4th, 5th, 6th and 7th grades. Learn how to manage money in real life banking scenarios.