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Jeopardy

Simple Arithmetic Geometric Currency Compound


Interest Sequences Sequences Conversion Interest

$100 $100 $100 $100 $100

$200 $200 $200 $200 $200

$300 $300 $300 $300 $300

$400 $400 $400 $400 $400

$500 $500 $500 $500 $500

Final Jeopardy
1 - $100
 If you borrow $675 for six years at an interest
rate of 10%, how much interest will you pay?

 $405
1 - $200
 If the balance at the end of eight years on an
investment of $230 that has been invested at a
rate of 3% is $285.20, how much was the
interest?

 $55.20
1 - $300
To put a down payment on a house, Elaine
borrowed $8,000 for 5 years at an annual simple
interest rate of 4%. How much interest will she
pay if she pays the entire loan off at the end of the
third year? What is the total amount that she will
repay? How much will her weekly payments be?

 $1600 in interest
 $9600 total
 $61.54
1 - $400
Andreas invested $3500 in a bond at a yearly rate
of 1.8%. He earned $1134 in interest. How long
was the money invested?
 

 18 years
1 - $500
Anna borrowed $12,500 for 4 years for college. If
she paid $80.00 per month at what interest rate
did she borrow the money? What was the total
amount she paid after 4 years.
2 - $100
 The first four terms of an arithmetic sequence
are: 3, 7, 11, 15
 Find the 8th and 150th term of the sequence
 Write the explicit formula

 a8 = 31
 a150 = 599
 a = 3 + (n – 1)4
n
2 - $200
 Finite sequence: 8 , 10.5, 13, 15.5 …..188
 Find the common difference
 Find a12
 Find the number of terms the sequence has

 d = 2.5
 a12 = 35.5
 n = 72
2 - $300
 Arithmetic Sequence: 1, 6, 11, 16, 21
 What is the sixth term?
 Calculate the 50th term
 Calculate the sum of the first 50 terms

 a6 = 26
 a50 = 246
 s50 = 6175
2 - $400
 Find the sum of the arithmetic series

 s27 = 2727
2 - $500
 Mary plays Monopoly. Each time she passes start
she collects 200. She starts with 100. How many
times did she pass start if she has 1900? She
doesn’t do anything else with her money

 9
3 - $100
 A geometric sequence: 18, 6, 2, …
 State the common ratio for this sequence
 Find the 9th term of this sequence

 r = 1/3
 a9 = 0.002743
3 - $200
 Find the sum of the geometric series:
 2 + 4 + 8 + ….. n =12

 8190
3 - $300
 16 + −12 + 9 + −6.75 + 5.0625 …
 Find the sum of the series

 s = 9(1/7) = 9.142857
3 - $400
 On your 21st birthday you will receive 80 euro
the first month and an increase of 5% every
month for a full year
 How much do you receive in the 8th month?
 How much do you receive in total for the year?

 a8 = 112.57
 s12 = 1273.37
3 - $500
 The tuition fees for the first three years are
listed: yr1 = 6000, yr2 = 6300, yr3 = 6615
 Find the ratio
 Fees continue at the same rate. Find the total
cost of fees for the first 6 years of school.

 r = 1.05
 $40,811
4 - $100
 Stefano wants to change 450 Belize dollars for
Canadian dollars. The exchange rate is 1 Belize
dollar = 0.64 Canadian dollars. How many CAD
does he receive?

 288 CAD
4 - $200
 Nils is traveling from Lithuania (litas) to South
Africa (rands). The bank sells 1 Litas for 4.91
Rand and buys 1 Litas for 4.65 rand. Nils wishes
to exchange 800 litas for rands. How much will
he receive?
 3720 rand
4 - $300
 Lindsay is spending a year traveling from North Korea
(Won) to Turkey (Lira) to Greece (EUR).
 1 Won = 0.0031 Lira
 1 Euro = 3.23 Lira
 Lindsay changes 200,000 Won to Lira.
 She spends 160 Lira. Then changes the rest to EUR.
The bank charges 2% commission, how many EUR
does she receive?
 620 Lira
 139.57 EUR
4 - $400
 The exchange rate from USD to EUR is 1 USD = 0.753
EUR.
 Convert 125 USD to EUR.
 Mike receives 800 Australian dollars for 610 EUR.
Calculate the value of the US dollar in AUD.

 94.13 EUR
 0.99 AUD = 1 USD
4 - $500
 Petey visits Britain from America and exchanges 3000
USD into GBP at an exchange rate of 1 USD = 0.652
GBP. The bank charges 2.5% commission.
 How many GBP will she receive?
 Then she travels to Italy. She changes 550 GBP to euros
at an exchange rate of 1 GBP = 1.18 €.
 The bank charges commission then gives her 629.
Find the amount in commission.

 1907.10 GBP
 16.95 GBP
5 - $100
 A bank is offering interest at a rate of 6%
compounded monthly. Richard invests 1000 GBP
in this bank. How much money does he have
after 5 years?

 1348.85 GBP
5 - $200
 Joanie invests x GBP in a bank and the amount
of money in the account after 5 years = 4000. If
the bank has 6% interest compounded monthly,
how much did she invest?

 2965 GBP
5 - $300
 Jessica has insured the contents of her house for
123,000 euros. The rate of inflation is 2.7%.
How much should Jessica insure the contents of
her house in 8 years?

 152,218.93 EUR
5 - $400
 Giorgos buys shares in a dishware company for
$480. The price of shares depreciates 6.4% each
year. Find the price of his shares after 6 years.

 $322.77
5 - $500
 Raequan places £18,000 in a bank account that
pays an interest of 4.5%, compounded
quarterly. Calculate the amount he has after 15
years?
 After he removes his money and puts it in a
bank with r% interest compounded
semiannually. After 4 years he has £44,615.15.
What is r?
 £35,219.61
 6%
Final Jeopardy
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